Regular Point Defense (as opposed to ECM beams) seem to be having a hard time after the missile buff. In particular I’ve noted that even point defense specialist cruisers can get overwhelmed very easily.
In the picture below there’s a cruiser with 3 Hi-Speed point defenses and a PD Scanner being bombarded by a ship with 4 Fast Missile Launchers. (The lower ship has only just entered range, and isn’t relevant.)
I found that over about 7-8 missile salvos the defence cruiser could not stop even half of the incoming missile damage, even with this relatively light bombardment. Its efforts were almost futile once the second ship joined the attack.
Part of this might be because of Empire cruisers immense shield radius and poor placement of weapons slots for point defense and that doesnt help. But when you dedicate most of a cruiser to just shooting down missiles it should be giving good performance. You sacrifice a lot of damage when you seriously invest in point defence.
Granted that’s not exactly a valid statistical sample size, but this is something I’ve noticed in general with point defence post patch shrug