My vote of available ships is the War Galleon, to me, its the most bang for the buck. Sturdy, powerful, large holds.
Only advantage I see with the frigate class is gun placement, allowing crew to fire forwards. For me they handle pretty much the same as a galleons, maybe a tad quicker, but not anything that is that noticeable.
Sloops to me were mainly useful for getting from point A to point B in the least amount of time. Use them for speed, thats pretty much thier strength.
We need a Schooner class!! (ie BLACK PEARL!!!)
Zeppers lvl 40 - All mastered but lvl 21 cannons
Groggy McJones lvl 26 - All weapons quest/tp quest finished - avoiding story quest
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