I do rig my ships. However, that being said, it's not a lot of fun and it usually stalls me for a while.
One thing I've tried to develop a better sense of is pre-setting the rigging that comes up from the deck. It gets pretty hard to get a stay wire down in between boats, ventilators and PE railings.
As for boat falls, it used to be that rigging those was considered to be what separated the "men" from the "boys" in the circles I followed. Including the boats swinging free...
At 1/350 though it's pretty much impossible. I agree that a PE set at different lengths would be helpful.
I look forward to seeing what you come up with.