Looks sweet!
Pros as I see them:
1) Own currency and energy = no robbing Peter to pay Paul (or Lando to pay Han as the case may be)
2) Chance to play different teams = no meta as yet to follow (so less Wiggs + Chaze combo style teams)
3) Chance to play at own pace = everyone's starting out new so there will be less separation at first
Cons as I see them:
1) Currency/energy refresh is unknown = could be easily obtained or hard to get
2) Advantages of pilots unclear = higher levels in gear and stars seems to matter but how?
3) More time = each battle lasts 450 seconds (versus 300 in Arena), if part of daily challenges rewards may be harder to get in a timely fashion without refreshes.