There are plenty of sailing simulators (e.g. Windward), just none featuring large square riggers. In any case, my beef is more with the misleading headline.
If a game advertised "real weapons handling", and it turned out to have infinite ammo with no reloads or shell drop, wouldn't you feel a bit lead on?
It's not fun to spend an hour going zig zag against the wind? What about an hour doing it with a boat full of precious materials that can't go through the portal while you're being chased by some ungodly horror from beneath the waves?
If a game advertised "real weapons handling", and it turned out to have infinite ammo with no reloads or shell drop, wouldn't you feel a bit lead on?