Laser Spider
I was just goofing with the image files so the sprites aren't perfect, so to speak, but it is pretty interesting to play around with.
To use this ship simply place the "Laser Spider" folder into FRAXY's "player" folder.
For the weapons I altered the "Wide Bullet" and the "Vulcan". The other weapons are still default. There seems to not be any way to add a custom parameters file to recognize the image as another set of weapons so you'll have to make a back up of the common_01.bmp file in the folder "img" and replace it.
Edit: Reworded misleading information.