Some of the prior victory conditions got a bit rolled into prestige at this point (like research, ascension crystal, etc). It's actually a good system. Alliance victory is incoming in a soon-to-be-released update, and you can always blow people up, as Schism said..
I don't think the criticism was on the Prestige Victory itself, but on the lack of knowledge explaining it to the user. That much I can agree with. Frankly most of my understanding of the game comes from previous GC titles, I can't imagine a player unfamiliar with the series trying it out for the first time...it would be exceptionally confusing.
Prestige Victory I only understood because of one of the developer diaries. If I had never seen that, and just played the game straight off, there is a good chance I wouldn't understand prestige victory either.