They don't build them like that anymore
Skookum Boats,the company that built the "Wandering Star" are no longer in business in Port Townsend, Washington. The cutter rigged pilothouse ketch "Wandering Star" in the book, is for sale in Sandy Point, Washington. There are pictures of it on yacht world.It is like you say, a very good open ocean sailboat. It has the full keel with the Skeg hung rudder, mizzen mast, jib sail and inner staysail to fine tune the balance on the boat in almost any weather.Deployment of the drogue or sea anchor rode is mainly based on the sea conditions. The rode should be played out long enough to place the sea anchor about two wave crests to windward of you. You should also be ready to play out or shorten the anchor rode if the wave cycle changes. One of the dangers in deploying a sea anchor or drogue anchor is sliding backwards as a breaking sea rolls under the bow of the boat. The hull slips back on the wave and the entire weight of the hull will fall onto the rudder. If the rudder turns as the boat goes astern, the pressure can easily shear off even the most robust pintels and gudgeons or like in the case of "Wandering Star" the anchor line will part due to the weight of the boat.I would use a sea anchor as a last resort where no one is available to man the helm. It’s a useful tool at sea, but it's still just a tool and you should try and maintain your helm speed.As far as the boat being too fast to handle, it's usually when you are sailing before the wind. Setting a course to windward, you shorten sails to reduce the pounding on your rig and try to maintain helm speed as you head up. If you are running with the storm, your speed then becomes a real issue, it's either too fast or too slow. If you surf down the waves too fast, you might "Pitch Pole". If you are sailing too slow, a breaking wave can lift your stern around and broach you.If you like running in a gale, you can deploy a "Gale Rider". A Gale rider is like an anchor drogue, except it looks more like a basket with webbing. You deploy it off your stern to increase drag as you gybe down the face of the wave. Fair Winds.Clydehttp://www.yachtworld.com/listing/yw_listing_full_detail.jsp?url=&boat_id=1042554&units=Feet¤cy=USD&access=Public&listing_id=1984