Regarding chain lockers:
For 'mehitabel' I built a watertight bulkhead before the foremast, with a deep chain locker forward of it. The manual windlass is on the foremast, copied from Badger's setup.
Access is from a person-size deck hatch with a nearly watertight lid. No hawsepipe. I can always see and handle how the chain behaves, get at ends for shackling, and hose the locker and chain down from time to time. Bitter ends are tied off just inside the hatch, easy to reach. Rope rode is piled separately, high and forward, so that chain goes to the bottom. The drain is wine-cork size, just above the resting waterline. I chose not to compromise our dry shallow bilges with silty chain-drippings.
For passages I used to try various plugs and trailing hoses to keep water from sloshing in and out (but the old locker leaked...) Next, I plan to use, yes, a wine-cork, that would pop out if the locker were fully flooded.
(But water sloshing in and out doesn't matter - in fact I think it's traditional in some Chinese junks, but with more openings, maybe to control pitching.)
The foredeck is important to the strength of the foremast partners, so not every boat should have a hatch in it as big as ours.
Cheers,
Kurt