I am going to kick up an old thread since I just acquired this set through a bulk buy (missing the rear misen sail, however, I am going to have to source my own).
I, quite frankly, hate this set. It looks like many things that came out of the "cash-grab" era of poorly designed lego sets. This one just doesn't look finished.
Can't figure out what the masthead is supposed to be? - that means it is a poorly designed masthead! The gap between the green railing and the red 1x2s... The anchor that is just hanging off the side. The misen-sail dangling, unsecured from the bottom. The uncovered 1x1 red cones next to the steering wheel... there is just so much that frustrates me about the design choices they made.
And - can someone please tell me what the technic axle is for? As I was building it, I thought that perhaps there was a way to collapse that rear mast during a battle, but the hinge plate is secured from top and bottom - so they eliminated the ability to hinge the hinge plate! Just seems like another thing that they had an idea for but changed their mind and instead of designing properly, just rushed it to market.
This will go on the shelf with the rest, but aside from the Skeleton Ship Attacks boat, this is my least favorite thus far.