While piloting within a star system, how will we know our bearing? Aside from the star map and fast-travel mechanics, will there be a galactic compass, a grid system, or possibly a X,Y,Z coordinate system to help navigate and identify direction?asked by Marley

You'll definitely have a navigation star map, which will have your ship and you'll be able to set waypoints and fly to them, along with predefined waypoints of discovered locations in there. I imagine there'll be some sort of grid system, internally in-engine we have one. We're still playing with the possibility of all star systems being dynamic, so planets exist in slow orbits, so then you've got the problem of where the grid system is fixed to, the star, or one of the planets or what. We'll probably go, for ease of use, an XYZ system fixed probably to the star (or stars) and everything will be relative to that. Your nav-map is where you'd look to see all that happen. Originally we were planning static systems, so now we've got more work to do (Tony Z is deep into the system design stuff right now).