This is quite impressive.
But don't forget that the player has chosen to pilot a glass cannon. The low supply costs become a non-issue anyway, but flying a high-adrenaline high-reflexes ship with a high skill ceiling remains both fun and very dangerous. You also lose out by putting your 8 officers in frigates instead of, say, 8 cruisers.
That said, I just started with the new version so I can't say how OP this is or isn't. As far as I can tell, fighters got a nerf-stick (most skills are hangar limited) and frigates seem to be the new meta darlings.