The FTL in my Dukes of Proxima setting wasn't funny at all. I've renamed it and changed how it's described to make it cuter. Interesting little tidbit here. Cholo is actually the Aztec word for a mixed breed dog, xolotl (the tl on the end is a gramatical ending that changes based on how the word is used). The word cholo has been used since the early 1600s to describe tough guys of mixed ethnicity. The changed text is excerpted below:
Cholo Drives – Cholo is a contraction of cosmic holography, but it is important to the setting that their FTL drives sound like they were invented by Mexican gangsters. The technobabble explanation of how cholo drives work is that they access the universal brane on which the three dimensional position of every particle in the universe is stored holographically and they change the position attribute of space ships directly, without applying any force, so ships never have any acceleration or velocity. Ships with cholo drives must have their position attribute changed gradually, which resembles normal movement, except that it can take place at faster than light speeds.
This allows GMs to set adventures on abandoned space hulks in deep space, because the PCs will pass that way anyway.
This also prevents clever players from accelerating their ship to a decent fraction of light speed and abandoning ship, allowing it to crash into anything they want to destroy, including whole planets, since the ship is always at rest, simply at a different position.