FF - not quite sure how paravanes would work right next to the boat. Their effectiveness is directly related to how far off the center line they are. Also, they need to be deep enough not to come out of the water in heavy seas, and at the same time, they should not be able to reach the running gear of the boat. There is a lot of engineering that goes into highly effective paravane systems. I've met a couple of engineers who thought they could design their own systems which were a complete failure.
Sea Venture's poles are 26' long. They extend at a 50 degree angle. The end of the pole when deployed is 20' out from the side of the boat. They are balanced, which means the poles can be deployed and retrieved with very little effort.
At least on Sea Venture, we used a rope and chain combination. Rope down to the water line and chain down to the fish. Cable seems to like to sing, an issue you do not have with chain. The drag difference appears irrelevant, and the chain cuts through everything we have run into - mostly lots of bull kelp in the North Pacific.
Another engineering note I have not seen mentioned, our Naval Architect and yard were very detailed about intentionally creating a weak link in the system. If the fish were to get seriously caught on something, say a very large log, or the bottom, their should be a designed point of failure. Otherwise you may be anchoring your boat at 8 knots. (there are a couple of Canadian fish boats that capsized when their fish got caught) On Sea Venture, the designed point of failure is the chain. Our 5/16" chain has a breaking point of 11,600 lbs.
Another note about larger poles - they make the ride better without the fish deployed. Much like the tight rope walker with his long pole. The poles by themselves do not reduce the degree of roll, but they do increase the roll period, so its all slower and more comfortable.
Also, when the seas are larger, say over 6' or so, I do not think the paravanes deployed have slowed Sea Venture down at all. The rolling slows the boat down without the fish deployed, so once deployed, the two seem to cancel each other out.
While our system is large and was expensive, the results have been fantastic. In 3-5 foot seas the roll remains at 3 degrees or less. In a 8-10' beam seas the roll remains at 10 degrees or less. We have been in very large seas, 12-16' and you can still walk around just fine, set your coffee down, etc.
Our fish themselves are a combination of wood and stainless steel. They are 28" in diameter and weigh 38 lbs. Most of the weight is the 25 lb weight located at the front of the fish. They are made by a fisherman in Westport, WA and sold through Englund Marine. We have a complete 2nd set up on board if needed. You see these fish on lots of boats in Alaska, where we are currently cruising.
Of course, paravanes are not for everyone - personally, I think they are better for long range cruisers. Since in the North Pacific many anchorages are deep we have gone for over a month and never pulled them in.
There are of course, lots of ways to stabilize a boat, but once stabilized folks won't go back if they are doing some longer passages. I understand cruisers who may not see the need when most of their runs are 2 or 3 hours. When we count our passages not in hours but in days the stabilization is an absolute requirement. Nothing is better then being at sea for days and continuing our normal daily routine, getting to our destination fully rested - all this is only possible with good stabilization.
Jim
M/V Sea Venture
www.youtube.com/CruisingSeaVenture