I can hit targets, just that the cruiser is at a VERY distinct disadvantage against semi equal sized mobile targets, GB and cruiser, because the gun is so slow.
Plus I think the cruiers low on power, with other cruiers in .85 can you fire 2 missles at once ? With the seige cruiser, 1 missle takes 3/4 power approx, but in a fleet action against a BS it rocks (as the RM found out about 30mins ago when they lost 2 BS among other ships).
But considering the nunber of comments from people that actualy fly it currently that are negative.. I think that says something.