Thanks for the feedback!
I get what you are saying, I knew it might be hard to pare down what I wanted into something playable. I was not looking to core for this reason, rather, my initial target was to balance them to Aasimar, by far one of the more powerful 'standard' races. I am considering altering their four-arms to be more like prehensile tail, giving them more efficient item retrieval and a bonus to climb rather than the weapon options.
Also considering a type shift to humanoid(vespidan) retaining low-light, and losing darkvision, which came with monstrous humanoid, but wasps can't see at night
Both of these would be positive changes that would reduce the power level of the race down to something more manageable, especially the whole shield thing. I think this would put it far more comparable to the Aasimar if you consider all the rediculous stat switching "subtypes."