The mythical Shrouded Ghost has eluded me and many others for years, many of us don't even believe its existence. Having defeated such a creature is a true accomplishment for any sailor out on the seas and the memories from that encounter stay with those pirates forever.
My only issue with The Shrouded Ghost is the "Legendary Hunter of The Shrouded Ghost" commendation. You need to defeat The Shrouded Ghost five times as a Pirate Legend to complete this commendation. I feel this commendation is going against the spirit of the game for a plethora of reasons. Encountering and defeating The Shrouded Ghost is something that is supposed to be amazing and a true wonder in the Sea of Thieves. The feat itself of defeating the Great White is truly getting devalued by needing to defeat it four more times.
Encountering The Shrouded Ghost for a second time is a great chance to give up your spot for a friend and strengthen the bonds you have with your crew mates who were not there for the original battle. This would never happen on the seas today because you need to kill it a total of five times as a Pirate Legend. So many opportunities of great interaction with friends and acquaintances go wasted because you need to defeat her more than once. For example, having recently become a Merchant Shipwright, I now offer my spot to fellow sailors for Wood Crate turn-ins - As others have done for me.
There is a simple solution to this. Make the Legendary Hunter of The Shrouded Ghost a one-graded commendation so that you only need to kill it once as a Pirate Legend to get the title. There is also a simple way to backtrack players who have previously slain the beast as a Pirate Legend just grant them the Title and the complete commendation if they completed Grade I before the rebalancing. Also, I feel slaying the beast as a PL specificially still has value, over the regular hunter title, to show you have put in your time as a pirate first, and didn't just randomly get lucky on your first day.
I have discussed this with a lot of players some who have slain the Ghost and some who still believe that it's a myth. What we all have agreed on is that slaying the White Whale five times is ridiculous and not an enjoyable commendation.
I respect the spawn rates of The Shrouded Ghost and do not ask you to change them. What I want is when you finally stand before her and succeed in battle you have completed the challenge and overcome one of the Rarest commendations in the game. And I want your help in starting this community of Legendary Hunters of The Shrouded Ghost, where we can pass on the honor for generations to come.