So, Unguided Rockets takes up 2 missile slots. Since Guidance Chips specify single slot torpedo and missile attacks, I think the first FAQ on the matter will be that it doesn't apply to Unguided Rockets.
Not just because of the name contradiction, but because unlimited shots with free hit results would make bombers and punishers brokenly good jousters.
Shame. Would be a blast to use. "Welcome to Math-Wing, Sleemo!"