I liked this game quite a bit. It does the whole trade thing pretty well. It's definitely one of the better economy games released recently. It not only allows you to build ships and set up trade routes but also allows you to build colonize and maybe be a pirate if you want. I'll go into some pros and cons:
-You aren't stuck playing the economy game. You can play a military game by being a pirate or fighting with other countries.
-The game does the trading really well. The amount of resources aren't overwhelming (although the amount also isn't very impressive either). It's easy to just jump into the game.
-There is a good amount of ships and you can customize each one you build by spending a little extra money.
-The colony management is a little too simplistic. It does add to the game but it is only picking a building you want to build from a list.
-There are only limited colony spots that you can build colonies on. I would've liked to just see where the resources were and build a colony accordingly.
-You have to buy the resources from your colonies to sell them in the Home Country (Europe) and, as far as I can tell, you can't trade with other colonies. Instead you trade resources via diplomacy but those resources can only be traded via diplomacy and you cannot sell them in Europe. Because of this it is very possible to go negative and you can't do anything about it.
All in all it's a fun game and I would recommend it. Especially now (11/27) with a sale going on. Certainly worth the $4 for the base and $6 for the complete.