Sailed from Curaçau to Panamá last year with a Venezualan friend. She still has family
in Venezuela as do other Venezuelan friends (lots of expatriated Venezuelans here in Panamá now). Their concensus is that yes things are very bad, but not as bad in the rural areas or out on the islands (but still not good there either). Before I joined the boat
it did stop at some of the Venezualan islands on route
with no problems. We sailed close to the Venezualan islands near Colombia
(Los Monjes) with no problems. But, certainly as an American, I would not consinder stopping in Venezuela.
Also see www.noonsite.com
Bottom line: Venezuela is a failing state...not a good time for casual tourism or cruising.