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Inspired by the Create your own Luftwaffe thread.

Okay, so in 1930, you get control of the Royal Navy, you can chose and create the ships, deployments, commanders, everything. From the number of BBs, right down to the size of the guns.

You only have your current knowledge of shipbuilding and WWII. You have no influence outside the RN, you cannot influence politics, the RAF or the Army or anything else.
You must operate within the RN's budget, you also can't do anything too ASB, like scrap all battleships and replace them with escorts, but you can be a little implausible if you must.

What sort of new technologies would you concentrate on? Would you go for carriers or battleships? 18" guns or faster torpedoes? Maybe you'd decide to pursue Project Habakkuk ahead of schedule?
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