Yes it works. I have a mod in OP that SEEMS to work in single player campaigns as well (seems to, haven't thoroughly tested it . . .). PF's have been converted straight from SFB. Th only way this seems to work stably would be in OP because you can use a Pirate Cartel as the "donor" race for the PF ships.
Here's the problem, even when it works, Thr fighter AI is useless with Plasma. Plasma fighters are almost as worthless as Fusion fighters as they rarely fire their weapons at the right time.
PFs for all races seems to work okay. The Federation Photons PFs are worthless as the AI is not capable of firing Photons correctly. The Drone varients work great. Klink G1s are EVIL!!!! The AI loves to fly them. The C7S (a C7 with 4 PFs based on the Battle Control Ship) is a very nasty ship.
One thing I've seen from screwing around with this mod is that I really wish Taldren would fix the "PF Factory" BS. Repaired and reloaded completely in 30 seconds? Atleast if it used spare parts I would be balanced, can anything be done about this in the missions scripts?