It would completely break the pvp balance. Either everyone starts flying around in these fast mini-ships, and the big ships don't get used, or the small ship is just useless and gets ignored.
You pay for what you get, so it just doesn't make sense for their to be a super small expensive craft. As it currently stands, the bigger the part, the more effective the part is, and the more expensive it is. Why would this tiny craft be so expensive and fast? it has a super high-tech and efficient engine that only fits in the new special ship and no other ship? It just doesn't make any sense.
500-700 m/s boost speed is never going to happen, that would absolutely break the pvp beyond belief. The clipper goes 440 and that is already fast enough to leave pythons and condas in the dust.
More importantly, Frontier already has several ships similar to what you are asking for.
The viper is not good for pvp, the cobra isn't particularly useful either (unless you just want to run away the whole time) but luckily FD has released several small ships that cost around 2-10 million to outfit that are pvp capable.
The imperial eagle and imperial courier, the diamondback scout and the vulture. All those ships are fast and maneuverable (except the vulture, which is only maneuverable) and would be good with some railguns or torpedoes in pvp.
PvP was never balanced to begin with, so what are we breaking again?
Push this, and force Frontier to consider how a ship like this would fit in an actual balanced system, then maybe we'll get the mountain of other problems with ship balance fixed because they're finally forced to reconsider other aspects.
Edit: That is to say, push a small, expensive ship. Not the OP's suggestion on actual statistics. I never even considered them a possibility.
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