I am using a gamepad to play, and it would be so nice if I could target things using a targetting reticle. It would also be nice if I wouldn't have to hold ANY buttons to use 'face to camera' when steering the ship.

You don't actually "target" in the traditional shooter/fps sense. You use a mouse to click on a target and click the fire button, then its all down to behind the scenes dice rolls and stuff. Just bind a button on your controller to the select next enemy function and cycle through baddies till you get the one you want.

See, I'm trying to conserve binds.

They have an option for it in champions and it isn't an fps either. It's also done in a few other mmos.