I think it's good to have fairly late contact. That way you will have more time to develop your forces. If you have a late first contact, that gives you time to build some decent back up int he form of a fully developed planet.
So for me a late first contact is alwys a good thing.
But it really sucks when you discover that a serie of black holes or something is causing your isolation.

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I can only please one person per day, and today is not your day. And tomorrow isn't looking too good either.
Gabriella in
Blood 2
Men may control the free world, but women control the boobs.
Brent in
Plaver vs. Player