I've just found out that the AI in SCO's Fleet Battles (Crazy difficulty) does not seem to be any smarter than SC2's Awesome AI. If anything, it seems quite a bit dumber in some cases.
To elaborate, it only seems to be any kind of threat at close range. Yesterday I used a long-range ship (the Lexite Interceptor) and managed to single-handedly beat the entire enemy fleet (the premade Scryve Empire fleet - Scryve Battlecruiser, Drenkend Carrier, Trandals Frigate, The Measured Response, Phamysht Consumer, Menkmack Negotiator, and Scryve Scout). And for the most part, the enemy ships didn't even attempt to fight me - they just flew away from me, and happily wandered into the green fog that damaged them, never paying any kind of attention to it. I just kept my distance from the enemy and it all became a piece of cake. Are there any plans to make the AI more intelligent, and less suicidal (like with the green fog)?