Can we have a "Pacific Submarine War for Dummies" FAQ?

[Subnuts]

Over the past couple of months I've gotten a little frustrated about the many misconceptions about the Pacific submarine campaign that seem to be clouding people's preconceptions on Silent Hunter IV. Some of them include:

-Submarines had no impact on the outcome of the war.
-American submarines were poorly designed, slow, ungainly, and based on WWI-era technology. They were basically pleasure cruisers with torpedoes.
-Going on patrol on a Fleet Boat was like walking into a shooting gallery full of helpless merchants.
-American torpedoes were useless throughout the war.
-There were no convoy battles during the war, and no night surface attacks.
-Japanese ASW was useless throughout the war, and the Japanese never bothered to develop new technology.
-The losses suffered by US submarines were extremely light, and as a whole the force suffered no major hardships during the war.

So please, does anybody want to start a FAQ?