Professor--
Thanks for the comments, and I find myself in complete agreement with your points. Just for clarity, I was posing the issue not as "wood versus plastic." As long as you end up with a ship you can proud of, who cares? Even in my own little project, I used wood in a few spots--the false gun deck, gun deck hatches, duckboards in the boats, etc.
I was posing a question, as a newcomer to ship modeling, as to what a path of learning might look like. I've had it in my head that a sensible path would be to move upwards in complexity thru plastic model kits, and then make the jump to wood kits.
I don't claim to have based that on anything more than intuition (and a risk-reward on the cost side, perhaps) basis.
As I've engaged with this community, and listened closely to feedback and suggestions, I'm re-thinking all of that, with the operating principle that there's no right or wrong here . . . it's just an interesting exercise, at least for me. I suspect that, ultimately, I'll be drawn to whatever feels more exciting/fun at each point. Right now, I'm kinda torn between a La Flore/Surprise project (which would challenge my bashing/scratchbuilding skills) and the 1:96 Constitution (which would challenge my determination and patience for the longer, more complex work plan).
Either way, it'll be fun.
PS--I'm also watching eBay, as Bill suggested, for a Sultana.