1st off before I wade in, I will be upfront. I am biased, I am a complete elite fanboy, the 1st game is still my all time favourite game and I have been playing the game in 1 flavour of another since I was 8 or 9.... I also loved all of Chris Roberts' games, they were certainly better lookers than elite, but I always thought that they were more "Hollywood", with more glitz and glamour but without the soul of elite.
however back to elite............
So far I really like the way Elite is going......... the simulated milkyway in Elite is trying to stay as accurate as possible (in so far as we know from data we have) which to a point does limit a little what can be done at the "known" systems in terms of crazy phenomena. Those X skyboxes do look amazing but I suspect ED looks more realistic to what is really at those places.
as we move further away however I must admit I do hope we see a few crazy things.
As I said, I DO like what we have so far, but that being said, I do see where some are coming from. Whilst elite is not going to have 1 massive story which ends, I do think there is still a LOT of work to be done in the procedural mission engine to hopefully make it able to spit out interesting and hopefully fairly long and involved "novella" type stories which come and go.... also FD will be making "injected events".... rather than these being a 1 off, I also hope they can be fed into the procedural mission generator so that it can learn to create more complex stuff as the game goes on..
I like sandbox games, and DB has oft compared GTA to be like elite in a city....... but even GTA does have a few stories in there.
Also the missions need to be fleshed out, I want to "feel" like I am part of the military when I join one of the factions etc etc
The good news is I am confident what I am hoping for IS coming, after all, FD would not want to let go all of the games secrets before it is launched.
As for owning empires and space stations and setting up automated trade routes etc........ This is not going to happen, and has been confirmed by the devs, it is not the direction they want the game to go in....
BUT that is not to say that maybe we wont get mining equipment that we cant install in different areas which do their thing, and then we cant fly about in our ship maintaining them, much like a fisherman looks after his lobster pots...... and who knows, if we do this in an area enough, I am hoping maybe a small colony will start on a near by planet and hopefully if we take them some food and stuff on our travels, it will flourish, and in time grow. to ultimately be a small city, which will lead to the expansion of the known worlds.
So whilst we may never "own" our own space stations and the like, I am hopeful that our actions WILL lead to the creation of civilisations, and THIS could be one way to make your own story in the elite universe.
Of course on the other hand, maybe I am being overly optimistic, and none of the above will happen, and the game will just feel a bit empty, like what some of the naysayers believe.
If so, I will still get enjoyment out of the game, but imo it will have missed what I see as much of its potential. Time will tell, but AFAIK my hopes are at least in keeping with stuff that the devs themselves have talked about over the last 12 - 24 months.