I just started a new game, and after a few seconds I noticed that I was on a very limted zone. Is this a bug ? or did I miss boats ? (the south limit is the map border)
You can certainly build a pretty decent colony there. I suppose traders and so on will have to take a sea journey, if they can get up to you at all...
you've been playing too much Tropico :-D I've started another game, and found myself in a similar situation (small island), but with an element to spice up : mechanoids on the spot, making all the colonists to run in horror as soon as arrived. But I did not made a screenshot