Yes it is. It is balanced due to the fact that restoring a ship is more expensive than just BUYING it outright
You cannot buy a pristine LD ship outright that I am aware of. They always come with D mods even if purchased from a market. The player can only bring a pristine Luddic Path or Pirate ships into the game with the restore feature.
Yes, the entry cost for restored ships is about the same as buying a pristine destroyer or pair of frigates from a market.
Over the lifespan of using these ships, the supplies and fuel saved may level the cost, if you consider the LD ship worth more than 1.x of its counterpart.
I would place them at 1.3 as powerful at least.
Would become completely useless if you couldn't remove ill-advised modifications though. This hullmod's effects are too crippling.
Yes, it is a bad mod. I believe it causes random engine and weapon failure and sometimes hull damage. Does Level 2 Damage Control speeds up the recovery process by 50%? Maybe Level 2 Combat Expertise reduces the chance of failure by 50%?
What might you suggest be added on top of the already high entry cost to offset the benefits of LD ships?