[Phoenix-D]

It works, yeah. Once a war gets to any sort of length, you can't spare the shipbuilding time to make massive ships. Sure, you can work in parallel..but the same trick works for building small ships as well.

Also considering mothballs. While you can still only support X number of ships per turn, someone who builds and mothballs small ships during peacetime can effectively ALWAYS have a navy as large as his budget will support..