Ahhhh, one of my favorite subjects. The Blue Water Navy kit is indeed the Yankee Model Works kit, he bought out BWN. I have both an origional version of the kit from about 15 years ago, and the more recent release. The newer version is the better. It comes as a long hull out of the box, to make a short hull you are instructed to simply cut off the hull extension from the stern. Really a nice kit that builds well but some details are missing.
Iron Shipwright just released a new 1/350 OHP kit that was available at Nationals. I just gave it a passing glance since I was locked in on other targets at their booth. It's a full hull kit, worth a look. Price is about the same as the YMW kit. Hopefully they'll have some pictures up on their web site at some point.
One advantage it did have over the YMW kit was a fully open hanger if you want to display it that way. Only OHP kit that I know of with that option. Dang, now that I'm thinking about it, I should've bought one.
Steve.