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Berzerker, I think you're on the right track. Personally, I'd prefer DD=1h, CL=2h, CA=2h, Invincible=2h, Lion=3h, German BC's=3h, which is pretty close to what you have.
Most important is that these values yield historical results. Though some civ whiz can probably calculate outcome probabilities, it's going to take mortals some 1-on-1 and 1-on-2 testing to confirm. A single German BC should be able to sink any British BC most of the time. A single newer German BC (Derrflinger and perhaps Seydlitz) should also have a ~25-50% chance of sinking to 2 older British BC's (Invincible class) in a turn. As you mention, 3-4 ships of a smaller class should be able to knock off a heavier ship (e.g. CL vs CA, or CA vs BC), particularly if they have the speed advantage.
You are probably on to something about wanting to get to Jutland. Since there can't be any battle outcomes that leave both ships afloat, the Civ2 engine is going to have a tough time simulating running gun battle that spans several turns. Unfortunately, the Dogger Bank chase was exactly that. It can be argued that Jutland was also a series of running gun battles, but at least it had the potential of becoming a knockout slugfest.
Most important is that these values yield historical results. Though some civ whiz can probably calculate outcome probabilities, it's going to take mortals some 1-on-1 and 1-on-2 testing to confirm. A single German BC should be able to sink any British BC most of the time. A single newer German BC (Derrflinger and perhaps Seydlitz) should also have a ~25-50% chance of sinking to 2 older British BC's (Invincible class) in a turn. As you mention, 3-4 ships of a smaller class should be able to knock off a heavier ship (e.g. CL vs CA, or CA vs BC), particularly if they have the speed advantage.
You are probably on to something about wanting to get to Jutland. Since there can't be any battle outcomes that leave both ships afloat, the Civ2 engine is going to have a tough time simulating running gun battle that spans several turns. Unfortunately, the Dogger Bank chase was exactly that. It can be argued that Jutland was also a series of running gun battles, but at least it had the potential of becoming a knockout slugfest.
Besides, this is a prelude for Jutland itself. We need to keep a scale in mind anyway, that was my main concern.
. Too many details are lost when you shrink them to Civ2 dimensions. 
Where you able to get the download of any of the previous ones? If so, I'll post them as downloads too, just in case you can't see them.
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