It depends on the boat. If you're talking about a monohull sailboat, deeper drafts tend to be more stable than the same design with a shoal draft.
However, you can also get shallow draft via a multihull... in which case the Pacific was explored by shallow draft boats a long, long time ago. The Polynesian Islanders explored and colonized much of the southern Pacific in multihulls.
One major advantage of shallow draft boats is that you have more areas in which you can anchor. This becomes a huge benefit if you're trying to hide from a hurricane or storm.
A very shallow draft boat can go up small creeks or rivers or into very shallow bays, where the storm's effects will be severely blunted. It also means you can get into more harbors, without necessarily waiting for the tide.
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You know what the first rule of sailing is? ...Love. You can learn all the math in the 'verse, but you take
a boat to the sea you don't love, she'll shake you off just as sure as the turning of the worlds. Love keeps
her going when she oughta fall down, tells you she's hurting 'fore she keens. Makes her a home.
—Cpt. Mal Reynolds, Serenity (edited)
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