I got to handle a casting of the 1/48 at Wonderfest. It was the closed cockpit version and had nice detail. The break down of the parts are similar to the 1/72 Lancer, if you have one.
I just bought 2 of these from Valkyrie and the pictures do not give it justice. The detail is great. Valkyrie has one painted and looks very nice. I will try and take a picture of the painted one tomorrow.