I'm chiming in late, so I'm just gonna address the main topic.
I made it no secret that I disliked the 2nd edition format, and when we saw what the Hyperspace format included, I was unhappy with it as well. I felt options were too limited, particularly for Rebels and Empire. The former because I felt that X-wings would continue to be their best option, and the later because their options are very limiting on squad choice unless you want to lose.
My opinions have softened since my knee-jerk reaction. I still am not happy about the Rebels selection, but have hope that points adjustments will help them field things other than Wedge. I also think the Empire should have enough tools to function, they just will be sticking to one of maybe 3 archetypes. It's enough to start, and certainly better than 2nd ed format which I would've personally described as openly hostile to converting players. Hyperspace gave me a similar feeling at first, but that has subsided for me as I've stepped back and looked at the whole situation around the format, as well as it's possible future.
Looking ahead, there is some room for interesting things to happen in hyperspace, depending on how FFG handles it. I see it going one of two directions. It could eventually fill out to include everything and in essence become the extended format, something a lot of us assumed would happen to the 2nd ed format. The other, and I think my preference would be for Hyperspace to begin a rotation, keeping a couple "core" ships for each faction permanently legal (there has to be at least one ship that was released in 2nd ed for all the new players) while changing which ships are in rotation once or twice a year. This would be interesting to me, as I feel a limited format would be fun, provided the options get changed around every so often. I think a lot of my initial irritation was due to the fact that I simply wasn't able to play much extended at first, as my local community was trying to make things more inviting to newbies by playing just 2nd ed for awhile. That's admirable, but it burned me out hard on the ships that are in Hyperspace currently.
Edited by Hippie Moosen