Well, I like this renewel of the pirat theme too!
When seeing the new ship a first time, I was a bit disappointed with the positioning of the guns and the lack of a true gundeck, like on the 3940. The 3940 will remain the most suited PM-"warship".
Really ugly is that awfull skull at the bow, I almost felt sick when seeing it! It was quite a relief that this skull can be turned away to get a neutral bow!
And pics show the guns can be swivelled below deck, not ideal, but I can live with that and it turns the ship in a nice merchant vessel.
The canon-firing mechanism with the "arrow-canonballs" is stupid, but I think it's due to new EU-savety regulations...anyway, the gunbarrels can allways be replaced with the old ones.
I don't really dislike the red hull as much as some people seem to do. If the red colour is not wanted, a bit of paintspray can do miracles.
So, in general I think I quite like this ship, but to make a final conclusion about it, I prefer to wait to see it in reality.
The pirates themselves are awesome, I like the new pants, beards and detailed bodies. And the Spanish soldiers with the lighthouse, wow! Those Morion helmets are very welcome for my Conquistadores!