Just to add to my previous comment, we have a
B&G system with a paddle wheel speed sensor (actually, more of a
propeller speed sensor, but the same idea). It was on the boat and working when we bought the boat in 1986, 34 years ago. We've got a couple of spare paddle wheels but the original one is still working. We take it out when we are not sailing every week, and we pull it to clean it frequently. In
water with heavy fouling problems it can get fouled in as little as a week. it takes two minutes to pull and clean. It is an old fashioned unit and needs calibration, which we do after each bottom painting and once or twice between bottom paintings.
If you value your sailing
instruments and like the information they give you, you need a speed sensor.
We would not be without one.