Sounds good to me Ron👍
Hi Doug, This is an easy way to print white lettering using that method, (using Windows 'Paint' and white decal paper). Being that you can't see white lettering on the screen this method allows you to see what you are doing. 'Paint' is a bit crude and unfortunately does not allow you to 'cant' or bend letters to go round a curved surface (such as the tugs' stern where you need a curved decal) It also can leave jagged edges when blown up, which need manually tidying with some of the other tools.
Re your problem with the navy blue, you could have scanned a good sample of the colour, copied it to paint, and used the 'colour picker' and 'fill' tools to do your background (a small colour adjustment might be needed using the 'edit colours' tool) I did that with the BD6 which is genuine 'Charger Orange' metalic (a la Dukes of Hazzard - and the original colour of the planes side flash,) which turned out pretty close.
I used Corel Draw years ago which was very good (you could grab a word and twist it or bend it round in circles. Unfortunately it does not work on windows 8.1. There are much better drawing programs around today which would be great for decal making (note to self, - get one!) By the way, use the transparent selector to move things without bringing the background with them, (when moving something from outside the drawing onto the drawing)