I'm no naval architect but the idea of the below water ram and knife edge bow was seen to be the best way to have a warship cut through waves rather than ride over them. I believe the concept is still in use.
Ted she's on the southern side of the Lagan, right next to the main egress to the ferry terminals, in her own dock. You pass within 100 yards of her if you're going in or out by ferry. Check her out on google earth mate.