In a more theoretical perspective, the Venator comes from a particular era of ships of which many of its contemporaries are already implemented. Ships such as the Acclamator, Theta Shuttle, ETA and Alpha-Nimbus Fighters, just to name a few, all share a single common quality - while they each have their particular strengths they also are all glaringly more deficient overall than their 'modern' counterparts from the Original Trilogy Era of ships in which we are more or less based.
My point, is that the Venator would certainly be an impressive vessel and daunting in its own way, it would still suffer from some notable deficiency in comparison to the 'modern' ships of its class.
In the way that the Kaloth is no doubt a brawler of a Capital Ship and any Imperial Carrack Captain would hedge his bets and use his engines and even Dreadnaught Captains could be put into their place and so it gives the Falleen Federation and Anzat Commonwealth a strong backbone in the naval department, it still runs terribly short against any Imperial Destroyer or Republican Mon Cal.
My point being that while being a strong ship of the line in any matter, it most certainly would not "rival the lead capital ships", as you say, "of all the leading governments."
It would rival the lead capital ships of governments and non-government groups without access to Imperial, Republican or Anzatan/Falleen tech, and only rival the escorts of the aforementioned.
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Edited By: Jesfa on Year 12 Day 75 2:19