i think that is not a simple question, i could easyly check but i suspect a speed camera of an "approved type" ie one that has been tested and aproved as being reliable in providing evidence in which ever jurisdiction the "offence" took place in. When i did have a quick look at NSW legislation it was clear that there were exemptions one of which may be very interesting. I think that i could argue that a sailboat under sail is exempt from the speed restriction signs as in sec 11 by the application of sec 14. (section nos are from memory not checked)
Again i have not checked but i think that when you are served with a notice you have the right to dispute the circustances of the offence, with
motor vehicle it would normaly be claiming that an other person was driving. Where you to dispute that you were exempt from the speed restriction section of the legislation without trying to dispute the speed over ground reading they may get very nervous possibly droping the charge before you got to court. In court you should win unless you were being stupid in the first place, in which case more fool you
However in reality infringement are rarely issued without some agravating factor such as driving the boat in a manner likely to endanger other water users. In all honesty i never had a problem with MSB, and in particular on speed zones in the probable 2-3000 times i have gone through them. The biggest risk would be after some idot in a power boat has killed some one and there is a public outcry or prehaps in peak holiday times. In one case MSB went out of their way to help when i could have been charged with a significant offence
hope that answer your question