This has been asked and answered here several times, but to answer the questions:Edited By: Weylin vi Cron on Year 17 Day 102 19:36
• Your skills are reset and you gain the base skills of the new race
• With the reset, your level appropriate skill points are unaasigned for redistribution, much like when you created.
• If you are already FS (discovered or otherwise) you do not lose that status. If you are not FS, your next level appropriate roll will be at the new race's FS percentage chance.
Edit: And no, no human. Only whatever the current pool of newly discovered races are. So at the very least Miralan at present. Though Chiss were believed to be a lost human colony in the old canon, so you are technically already there!