I really liked this game when it first came out, and it was fun for a couple of one-shots. However, other groups didn't like the lack of meaningful mechanics in terms of in-game combat. Combat gets immensely repetitive very quickly. For a game focusing on over-the-top combat, that's not good.
I really can't see most groups getting their sci-fi or space action fix from this product. That's not a dig on the Three Sixteen as much as it is personal preference, but I think more traditional gaming groups might have issues with this product. Mine certainly did.
The art and layout are ok on this product, but ultimately, I think the $10 price tag is simply too much for what you're getting. $10 can buy a couple of pdfs of more substantial games, rules-light or no.
Don't expect to run an entire campaign off this--this is a one-shot kind of game, and considering that, I'm not sure the price tag is justified. It isn't a bad product, but it will probably stale quickly.
[2 of 5 Stars!]