The cyclone works just fine for ratting in fade. I did it for a couple months.
I think it was 650mms and heavy missiles, ab, med shield booster, 3 hardeners (2 therm, 1 kin), fitting mods and gyros in the lows.
If you keep moving around with the ab you will harldy ever have to turn on the booster. I never ran into a serpentis spawn I couldn't take; guristas were a different matter.
Having said all that, the hurricane would be better if you can afford one. The cane definetly has better damage. The cyclone also takes more skills, since in it you rely more heavily on missiles and drones than in a cane.