I have been reading this thread with great interest. Plus I just purchased Elite Reclamation after hearing what people think of it. I look forward to starting it tonight, after a few CG runs.
Hidetaka Miyazaki the director of Dark souls showed us that with even the most obtuse and vague lore references, players; fans and content creators will run with it. Things don't need to be spelled out, or written out in big walls of text for people to read. Clues and unusual discoveries, things left open to interpretation often lead to more interest and discussion. I really loved the mystery of the UA, for me that was interesting. But some lore article buried on Galnet under bounty listings, news stories and the rest. A waste of the developers time imo.
I would however, love a codex. Or some tool we could use to read up on the various people, planets and factions in the game. Something that was on our ship, rather then only accessible in stations and outposts. Mostly because this is not the sort of information people can easily retain themselves.