Since Patch 2, missiles and torpedoes sit on battery hardpoints, coast for a moment before accelerating, and most homing bonuses were cut. Cruise missiles dropped to 180 base damage and torpedoes to 225.
Are missile boats still worth it? What hull and support modules are you pairing with them, and how are you landing hits now that they're easier to dodge?
Related answers: What do the slot shapes mean?, How do I survive missiles and torpedoes?