My 2c: If they were to bring in space legs for Elite, I think it would be cool to walk around your ship to perform various tasks like controlling the fighter from a different station, or having to walk to the SRV or controlling modules like the refinery directly instead of from the cockpit, etc - maybe the ability to repair damaged modules, etc by hand would also be cool.
But I'm not too fussed on walking around huge empty stations, having to go to shops and talk to npcs, any FPS combat and associated weapons, armor, etc. Having to picking up cargo and modules moving it around by hand for missions and all the extra stuff that SC has - that takes much away from the "spaceship flying" side of the game to more of an MMO/RPG game that also has ships in it (which is what SC feels like a bit now).
I feel more work with atmospheric and gas planet interactions and associated gameplay should take higher priority.