Some really great inputs here guys, thanks.
My thinking around the statements I made is that the Corvette excels in one thing over the Cutter- combat. It's more maneuverable, hits harder, and has better armour. That's great and all, it truly is, but how far is combat going to get you If you're grinding for another "end game" ship?
To get reputation you need to complete missions (preferably charitable ones). To do that you need to be adaptable, have cargo space, a good jump range, and a variety of modules such as SRV hangars and other equipment. Personally I have seen few combat missions, and the ones I HAVE seen require you to jump from place to place and wait for your target to show. The Corvette can swat targets like flies, but it has to get there first and it's lack of adaptability beyond fighting seems like a handicap to me (at least in term of grinding).