My Class 2 hardpoints are fitted with 2E Pulse Lasers, and my Class 1 hardpoints are fitted with 1C Cannons (with tracking). It makes bounty hunting very fun, especially since I'm firing "missiles" without them actually being missiles. For example, if you take a look at this video that I posted to YouTUbe the other day, I do a lot of strafing during combat to try to avoid taking damage head-on. When I'm out and out flying, my hat switch is for thrusters, so I'm assentially controlling throttle with my left hand, pitching/rolling/yawing with my right hand, using my thumb to use thrusters, forefinger for lasers, and thumb also for firing cannons. It makes for a busy time, so I'll probably adjust it at some point, but I love the way the cannon fire streaks through space ;-) They do quite a bit of damage to unshielded targets, that's for certain! And purchasing ammo is quite cheap, something like 4-5k credits for both cannons if they're empty.
[video=youtube;jOs3j6di_zE]https://www.youtube.com/watch?v=jOs3j6di_zE[/video]