And I might not have been clear enough on acceleration. I meant you might be able to construct a device capable of FTL transport, but it might be far harder to traditionally accelerate this entire device to high speed. The FTL isn't moot, but if your FTL is only 5c and you can't accelerate your turned-off FTL device faster than .1c you're not going to make any loops with it.
In other words, in this scenario, there isn't a preferred frame of reference per-se, but there's no way for such a large and complex construct as an FTL device to get far enough away from the galaxies' default reference frame.
Personally, I think that supporters of FTL should stick with subspace and run with it. And, hey, the author of the FTL faq even wrote a whole subspace faq too.
Additionally, if the universe is going to keep stepping in your way of what it has given you the ability to do, there's no reason for it to forbid you from making causal loops. All it has to do is forbid you from generating a paradox via such a loop.
I.e., you can have a self-consistent universe that has unlimited FTL and unlimited time travel as long as everyone plays nice. In fact, you can have unlimited time travel even is everybody is trying to kill their grandfather. They just won't ever succeed.
Never did I assert anywhere in this entire thread that a universe where causality is violated--or even one with closed causal loops--is impossible. They do have serious issues, however. And for anyone to propose FTL travel as a serious possibility and then ignore the causality issues as non-serious, either indicates some amount of either ignorance, disingenuousness, or rationalization.
If, on the other hand, a proponent of FTL travel plainly states that they have no problem with a universe that always steps in somehow and prevents you from succeeding in killing your own grandfather, then at least they've made their position clear, and everyone can make up their own mind as to whether that's a likely way for the universe to be.