With the USS Akula released, the Phobos shouldn't be too far behind. I've managed to the the Akula's evil sister ingame and she's performing brilliantly. The Phobos' more powerful weapons (now with new VFX and SFX by me) allow it to overpower a Miranda if you play it right (sonething the Akula found more difficult, only being a light cruiser). However, I think i've git it balaced fairly well, top impulse speed is about 4,000kph (Akula's more like 6,500) and top warp only 8.5, the sensors only work within 85km and the power system will only handle one system at 125% power (with the rest at 100%).
The next ship, the Swiftsure, I've begun texturing. I have a good explosion damage effect that, I personally think, looks realistic.
Pics of the Phobos don't do her justice, I think. But here they are: