Yea... the thing is I'm still working on the 3.0 version.
The mod is favored towards the Federation, not in terms of power, but in unit variety. In the end the choices are Saratoga class (not canon, but meant as a 'modern' Miranda), retrofitted Excelsior and Galaxy, Sovereign, Akira, Prometheus, and Defiant. I never got around to giving unique ships for every class to other races besides UFP, KE, RSE, Ferengi, Borg, Cardassian, Dominion, and Breen.
As many have said in the forum before, balancing is a big issue. I've been pretty successful with 1.0 and 2.0, but whenever I play with the Borg the dominate. This is fun, but I hate when everyone is more or less even, then a swarm of massively powered ships roll in.
Right now I'm pretty much copy and pasting ships stats from 2.0, but I don't have nearly as much free time as I did back then.