The modeling, materials, lighting, animation, and camera work, all great. It was a lot of fun to watch.
That being said, the designs? Moar pods, moar guns, bigger and badder? That's pretty much at the core of what fanwanking is. I'm not too keen on those designs, tbh. Anything that looks like it can use the Pegasus as a life raft just doesn't belong in the colonial fleet, imo.