daaamn
As long as engineering is the way it is, they can't really create a small ship which is worth being bought for real money. I would have wished somebody at FD would've grown a pair, grabbed the big nerfhammer and finally, after all these years, brought it down on engineering. But changing engineering enough that small ships would actually be a reasonably good choice for anything but very niché applications would require a good deal of nerfing.
So, even the new Cobra unfortunately has to be a medium ship. And based on it having three seats, i actually think that it will be SLF capable, potentially making it a real alternative to the Krait MK II.