Ships & Modules

Missiles is the worst weapon system for PVP at the moment.



This post is focused on the Sig/Exp radius, But the main Devil of missile useless is in the right part of equation: (S/E*Ve/Vt)^(ln(drf)/ln(5.5) - the dependence of target ship speed and missile explosion velocity.
Missiles can not cause full damage even to ships of the same class move without propulsion mod. AB or MWD reduce the damage more then to 50% of full potential. Actually any missile boats effectiveness is limited by the webs and painters range. If those modules will be fitted in DPS ships, they' would have huge reduction in tank, that would make them none competetive with turrets or drone analogs. Only light missiles can apply enough damage without support.
Here is the link: http://wiki.eveuniversity.org/Missile_Damage
For example you can try to kill small drone by the rockets without the web. turrets do this job well, drones even better. Most of turret ships have enough capabilities to fight against smaller ships, HAM and HM boats have much less. Also half of missile ships have kinetic or explosive damage restrictions.

Drones VS Missiles
Drone boats have no competitors nowadays in PVP and in PVE. We can discuss much but let's take the facts. FW statistics:
https://zkillboard.com/faction/500001/top/
Look to top 1-3 weapons. Open any of four FW factions 2/3 of top weapons is the drones. Even the Caldari top ship is Tristan. But that is in small ships group. I don't think we need to discuss cruisers class, where Navy Vexor and Ishtar is situated. It is clear.

Nulls have the different situation: rail Tengu, Harpy and Ishtar. But CCP announced that they will rebalance t3 soon and it seems to be the nerf. So drone boats can improve thier positions in nulls too.
There was not announce any missile rebalance. but in upcoming patch's Recon rebalance, Rook will be restricted by kinetic damage bonus. Seems to be missiles will not rebalance in the nearest months minimum.