Directional stability has a lot to due with bombing accuracy. The flying wing bombers (YB-35 and YB-49) both scored very low in bombing accuracy due at least in part to yaw instability.
I've read the big tail on the B-17 was added to improve stability in yaw, even so the airplane still wags it's tail quite a bit...at speeds well above Vmc.
You could be right! Would be very interesting to read engineering notes of flight crews who tested the 17 and 29. You fly an aircraft which always, or I have been told in the past, had directional problems with the loss of 2 engines on one side. The U.S. Navy was very interested in the B-24 as a anti-submarine patrol aircraft, but because they spend a lot of time "low and slow" in their normal duties, they elected to go with the single vertical stab and rudder, again concerned about the VMC with 2 out on one side.The Privateer was externally similar to the Liberator, but the fuselage was longer to accommodate a flight engineer's station, and had a tall single vertical stabilizer rather than the B-24's twin tail configuration. The defensive armament was also increased to 12 .50-in (12.7 mm) M2 Browning machine guns in six turrets (two dorsal, two waist, nose and tail), with the B-24's belly turret being omitted. Turbosuperchargers were not fitted to the engines since maritime patrol missions were not usually flown at high altitude.
The Ford Motor Company (which produced B-24s for the United States Army Air Forces) had earlier built an experimental variant (B-24K) using the single tail of a B-23 Dragon.[2] Aircraft handling was improved, and the Air Corps' proposed B-24N production model was to be built by Ford, but the order was canceled on 31 May 1945 and the B-24N never entered production. The Navy's desire for substantial redesigns, however, had sustained interest in the new tail assembly.
The Navy eventually took delivery of 739 Privateers, the majority after the end of the war, although several squadrons saw service in the Pacific theater in the reconnaissance, search and rescue, electronic countermeasures, communication relay, and anti-shipping roles (the latter with the "Bat" guided bomb.)
Being a B-24 pilot yourself, I am sure you can appreciate concern about the "moment arm" of the rudder in the vertical axis! But anyway, was an interesting thread! To bad we can't have more discussions like this..Brings back a lot of memories when learning the ins and outs of the old 29C.