Well having played it for around 10 hours or so now I would agree that it does get quite repetitive in the same way that Elite does.
One of the most annoying things is in dogfights when you just end up literally going round in circles against an opponent for a few minutes - constantly banking as much as you can but still not being able to get them in your sights - reminds me of a 20 years old game I had for the Amstrad CPC called Ace II. Because of this sometimes it takes me 5mins to kill a simple pirate, and yet I've wasted bosses in 5 seconds before simply because I've flown directly at them from a distance and then let them have it with my plasma cannon. Once you get in close (0.0-0.2u) it's a bit of a nightmare.
Currently another frustrating thing is that while I have plenty of cash (over 500k), my tech level isn't high enough for the upgrades I want and of course you can't buy a new ship like you can in many games. So while I'm moving around progressing the story, doing missions, collecting artifacts etc, by and large all the money I'm generating from trading is largely wasted.
Oh, speaking of trading, it's a bit tiresome everytime I get into a fight having to drop my cargo containers, win the fight, and then have to go and collect my cargo containers again afterwards. Just slows things down unnecesarily.
^In spite of the above issues, however, it's still quite an addictive game and I'll be playing some more tonight.