I think TopAce was referring to my concern for my Vasudan comrades. Oh, and...
I GOT MY VASUDANS BACK!:D
It seems I had too many Terran ships.

(not sure why, I'm using Open 3.5) I moved some and turned them into Vasudan aligned (they were Merc ships not GTVA so it didn't spoil their appearance) and voila! it works again.
Funny thing is though, I did it in stages, and it got worse before it got better: all of the icons vanished, going to weapons selection gave me a blank space where the loadout PCX should've been, and if I bypassed all that, my weapons were invisible and my ship handled like a Sathanas.
One last thing: crack open Sparky.vp and look in Interface. Does anyone else think that CRIM30, 32 and 43 (images from the credits) are some of the best looking ships they've ever seen?