Star Trek Online developer Cryptic Studios elaborates a bit on their upcoming Star Trek MMO. They've posted to their site a Q&A with themselves. Unfortunately, they don't get all the answers right.

Will I be able to trick out my Bird of Prey with green flame decals to show off when I decloak to "pwn Federation nubs"?

Captain Geko: One of Cryptic Studios' hallmark features in all of its games is giving players ultimate customizability when it comes to their characters. We are fully utilizing our character creation technology in Star Trek Online to include customizing both characters and starships. You will be able to customize your ship's geometry, as well as its color, decals and fleet insignia.