Source for the "major update a month" statement?
(You're not gonna find it since it doesn't exists...)
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Correction: you're waiting for the Twitchstreams and YouTube videos to start.
I don't think I need to wait for PP to know what it involves. What concerns me most is the lack of original player created gameplay it will bring. Unless I am bvery mistaken what I forsee is a number of FD created factions who will push numbers back and forth on a weekly basis controlled by a player voting system. Each week a community goal will be created based upon the results of this vote. Players will push these figures around resulting in one power losing a system of maybe 200 systems and another gaining a system to add to their 200. From week to week little will change. Meanwhile, those players with the deepest involvement in the to date will be left to continue to push the in exactly the same way they have up until now and not actually getting to play power play in the vain hope that some day they might have enough systems to actually qualify them to take part.
My biggest issue with this is that if I am correct then FD have missed the whole point. Players will take ian interest in the background sim because they feel they have some stake in its creation and a feeling of some input to its development. What I am seeing based on what I have gathered is that we will have a number of FD factions that players have no emotional ties to directly and after a short period will not care one way or the other which ways those numbers get pushed.
Also and most importantly, the forces of the internet by sheer wait of numbers and indifference will quash any hope of any player emergent faction before it starts since any 'rising power' will be on somebodies radar since the very food they require to rise will be lying on the plate of an established power who will squash them like the parasite they are.
These are just thoughts and I hope I am wrong, but players thinking they are going to be powers are in for a big surprise come tomorrow, that's my guess.