There have been wet naval warfare games in the past. They are hard to find and are usually aimed at naval enthuiasts, rather like vitual model railway layout packages.
There is a whole load of "new" olde fashione naval terms to understand regarding weapons such as Bow Chasers (the two larger than average forward facing guns on a Galleon, who's role is in the name!!)
Tactics are just as complex and you can cripple an enemy ship by grappling their rigging as you pass and ripping it away. (One of my favourite dirty tricks!!)
I've played wargames, years ago, with old sail power vessels and it can be fun.
It would be better if there was a game created from one of the normal table top wargames rule packages.
The American Civil War tabletop wargame "Hammering Iron" is a good game to convert onto a computer system. Fighting coastal and river battles on semi-armoured stern or side wheel paddlers, monitors, rail clads or tin clads. (One of the dumbest ideas in naval history if you know the usual fates of these boats!!)
I don't know how the ships jumping over each other feature in SFC could be overcome?? Also deflecting one ship off of another just before boarding, wouldn't work either, or grappling and pulling in tight alongside either.
It would be interesting though.