I tried installing this on my cpu, but it didn't work :( Heard it was fun though.

It really is. If you like strategy games that take hours to finish a game, you'll like it.

I never really got into it. Maybe that's cause I didn't understand it properly. What I really hate is that the ships the are like heroes in warcraft 3 die permanently if they die. Which, while realistic, sucks.

Is it like the Homeworld series?

No, it's technically 2-D.

If your computer can handle it, the battles can be amazing. Yesterday we had literally hundreds versus hundreds of ships duking it out. My friend distracted a pirate fleet at their main base while I built planetary bombers. Came in, took the asteroid to nearly nothing before he could retreat and fight me off. My friend chased him, took most of his ships out as I finished off the base.

This looks like fun, but my computer would lag badly if I tried playing it.

My computer is 7 years old. 2.8ghz Pentium 4, $20 video card from Wal-mart, 1gb of DDRRAM, not DDR2. I ran this with medium settings.