Personally, I wouldn't feel comfortable running lone wolf on Palob without engine upgrade----otherwise its very difficult to keep it 'on' (as your ships inevitably converge on the enemy). Although sending your other ships in first and leaving Palob behind can help with this problem, it creates another problem: the inability to focus fire and the possibility your other ships get focussed...
Help me choose: Scum Tricks
I know this kinda fell off the grid, but has anyone tried this...
Guri /w VI, Virago, AutoThrusters, Sensor Jammer, FCS
Palob /w VI, Blaster, Outlaw Tech, Moldy Crow
Drea /w ICT, R4-B11, BTL-A4