I've played a great deal of FPS (Battlefield series mainly) and can see some real potential for plantary landings and walking around the stations.
Imagine rush (BF3/4 game mode) but set on a coriolis starport. Imagine storming a compound on a planet's surface while Dropships rumble overhead. Imagine the dread you feel when you hear a Tharglet start an attack run with its multicannon-equivalent tearing holes in the ground. Imagine the big fight scene at the end of Starship Troopers...
OK, it won't be that big, but there's a lot of potential for 32 players in an instance like that, even against bots. If FD could find some way to up the instance to 64 players, multi-player FPS in the Elite universe could just well be downright awesome (yes, they could make a pig's ear of it too).
And when you're done fighting, you either respawn in the staging area and go back to your ship, or the Dropship picks you up after your glorious victory and takes you back to the transport and on to your ship with a healthy cash bonus waiting for you. I'd actively seek out PvP in that kind of arena.