I screwed up the file path. Got it fixed and played the updated mission version.
This rocks. I got the kill on the Ravana, but about ten seconds too late to save the GTD Infinity. Seriously, the Infinity bought it when my Helios countdown was at seven seconds, and I only needed one more bomb. That was the second time I played through the mission; the first time, I got caught in one of the Ravana's anti-cap beams and vaporized as I made my initial run on its forward cannons.

There's nothing you can do to keep the Shamra around. The cruiser over there with it tears it up before you can possibly get there, even if you ignore the Sathanas entirely and go full burn towards it. Fortunately for her crew, her captain has the good sense to jump out when things get too hairy.
The GVD whatever the Hatshepsut's name was managed to be unfortunate enough to stumble onto what had to have been the Sathanas' last remaining beam battery right towards the end; I thought she was safe when I heard a fusillade of beam fire and she was gone. I think it's possible to save her if you disarm the right weapons; I was just shooting whichever ones came up next rather than target-hunting. With that, all three allied destroyers in the mission were either destroyed or driven off; I was left with the corvettes and cruiser, which never seemed to be in serious danger.
I did not experience the reloading problems most people reported. The wings under my command died except for Alpha 1 (who, of course, cannot die), but Kappa and Iota wings were still around. Even without their support, the Shivans were nearly out of fighters by the time I lost my last wingman. There weren't enough to seriously threaten me during reload. I don't know how much of this was due to luck, and how much of it was due to my habit of targeting the support ship and coming in hot to stop below it instead of waiting for it to come to me and then hitting the burners as soon as it's done; I've perfected reloading still time to the bare minimum required to top off the missiles. Doing this instead of shutting down and waiting twenty seconds for it to show up works wonders for your survival odds. In any case, I got annoyed enough with the remaining Shivan fighters that I just killed them and got it over with; the Sathanas was the last Shivan ship in Capella for the last five minutes of the mission at least.
The cutscene was kind of cool, but it cut in at an inopportune time. I had just dropped a pair of bombs, and it cut in before I could turn away; I came back to my cockpit to find myself ramming the Sathanas' side.

I barely escaped the explosion; it certainly screwed up my fighter pretty bad.