Fully my intent: Factions like this need to be invite only, and they have to be great pilots (Goes unspoken.) Because as a core it would be few and far between (for secrecy, imo).
Stick to fighters, no capital ships as a faction rule (another opinion)
And if the going gets tough, flee. It is better for you to never die than to just go down in a massive fireball.
The concept is astounding. You'll also get tons of Q_Q because people hate being blown up. Give a good RP, and carve a blood swath through sirius. Disco right now has its PVP conflicts that are fun, and then it stagnates when those people die, swap accounts and silent powertrade until the 4 hours is up. I think blowing up some traders simply because they breathe is a good idea;)
Lastly, think big. Always think big. This is going to be a sirius wide terrorist group if you pull it off correctly, and people scanning the next system should drop bricks in their undies when they see the tag.:)