Pardon my sourness, but these "naval balance adjustments" in 1.4 are a complete idiocy... In 1.4, the player does not need anything higher than 5th rates to defeat ANY navies that the AI possibly can build. Even 5th rates are not needed... I've defeated fleets of 2nd rates with mere brigs and 6th rates sporting the all might chainshot.
CA should introduce flying dragons and forest fairies while they're at it...
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