Ok, NTL got their FTP back up at last, I have uploaded the current version of the editor. Direct Download link -
Weird World Editor V0.2 (451Kb). This zip includes both the editor (inside the 'distributable' directory) and the source code for it. The readme files inside the zip should give you all the information you need to get things going, but if you need any help just ask. I have exams in just under a month, so I wont be working much on this for a while.
Some screenshots of the editor in use...
The hull editor window
The ship editor window