Looks beautiful. Definitely inspired by Frontier: Elite II. I'm kind of disappointed by the dogfight-like combat though. It was the original's pseudo-realistic Newtonian physics that really hooked me.
I've always loved the original Frontier, and occasionally still pull it up in E-UAE for a bit of nostalgia playing.
Another attempt to create an updated Frontier-like game is
Pioneer. I came across it a while ago, but I haven't actually tried it out yet. I'm going to have to give it a go if I can ever find the time.
http://pioneerspacesim.net/
