[postalbyke]

I'm a Type II enthusiast, so I tried it.
I didn't stay for all that long, but your transit to patrolling area is very short, your threat level stays relatively high, positively identifying all merchants and warships is a must, and your patrol areas are very "flexible"
One of the cons is that you don't get confirmation of being in your patrol area, you just have to know where you are...
it's almost a type II heaven... :P