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So, it's exactly the same as RedPower frames but with less features? Well done mod, but I don't see any point for it when we still have RedPower.
First, gives an alternative, potentially with more updates than redpower (heard anything from Eloraam latelly?)
Second, variety improves competition. A lot of RP's features were inspired by other mods, just like other mods where inspired by RP. It's a win-win for the mod users.
Very nice. Definitely gonna use this along side NumiRP. If I remember correctly, chickenbones is adding hooks to Forge for MicroBlocks, so I'd suggest waiting for that before implementing MicroBlock support.
A coremod component, eh? What's that part for?
Also, you might want to talk with jakj, he's also making a similar opensource frame-type replacement mod (thread here), though with slightly different features. You could probably help each other with various issues that might come up. It will be nice to have frame-based mining machines again :P.