Not bad overall.
Simple, Easy to learn, Smooth game play, and the graphics are decent enough.
Yea the ship models leave more to be desired (Maybe because they are targeting this game for broad range of systems). Modding can fix that problem easily. It can use a full 360 degree free camera that can zoom in really close to the ships (their idea of "free camera" only zooms, and rotates, but the camera angle is fixed). You cant select, and focus on the aircraft ether. I guess because the game considers them a "weapon". I can live with that if i could actually see the aircraft. Which you cant. You just see the icons.
Other than those personal nit picks it is a pretty good game. It's based off of the table top version of the game with the same name. I had fun sinking the Bismark, and Yamato, and generally blowing stuff up. If they keep supporting, and adding a little more polish this could be a keeper.
I suspect the reason for making the models that way is because they are trying to keep the game running at a decent frame rate; the game website noted they have over 80 different ship types to choose from. I can live with that, though (even if the Yamato looks weird with that funky stern). Its certainly popular on Steam right now.
One thing I'd like to see in the campaign mode would be for your ships to receive reports of various activities going on in the theater (convoys, invasions etc.); this would make it easier to decide where to go and what to do.
BTW word of advice; be very careful who you pick fights with; I made the mistake of attacking the cruiser KLM Blucher with 4 DDs. 3 of them got blown to fish food in minutes. Combat in this game can be lethal very quickly.