First off, see the image I uploaded as a test to the -SM- site:

http://spacemonkeyguild.kicks-ass.net/modules/gallery/albums/album01/Frigate_Exploding.jpg

If you look at the fragment in the lower-right corner, there's a rainbow effect, see? It's much more pronounced in person... Anybody else got this problem?

The portion in question can be found here:
http://www.roguelazer.com/vendetta_images/Roguelazer/Frigate_Rainbow.jpg

Dunno, whenever the Frigate explodes I'm about 350m away.

Has anyone been able confirm/deny this?

i don't know about this either cause i am usually right next to the frig shooting it when it explodes all of the sudden and i see someone else destroyed it.