How is the Faction Rank grind in the update? Is it easier/faster/more fun?

Last time I played I worked hard to get some reputation for the Cutter doing all sorts of activities, missions, trading, mining, but it was so painfully slow that I moved on to engineers and gave up on the Cutter or Corvette. I might consider working my way up the ranks again, if the reputation rewards are made more convenient, and if the missions are more varied and fun. So was there a buff in that regard? Has anyone noticed anything different?

(I know some say that you shouldn't see it as a grind, but I do see it as a grind, can't help it)
 
I don't know about major factions, but minor factions are now much quicker to get rep with - I went from neutral to halfway through cordial earlier handing in two missions and selecting 1x rep +++++ and 1x rep ++ as rewards.

If the major faction rep system is in any way connected to minor faction rep, the faction-locked ships just a got a lot easier to get.
 
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