Can't speak for the use on a K-3 III, nor the 70-200mm- I've been shooting a lot of drifting cars last winter on my K-1 II + 150-450mm and usually never had the feel I'm lacking anything in focusing speed, so my guess would be both lenses should do fine for sailing (only trouble I had was on a day with particular extreme minus- temperatures...)
about the teleconverter- Pentax recommends to use it on lenses with f4 or faster, I use it here and there with my 150-450mm, here at least for me the results are somewhat of a mixed bag- though generally focus speed doesn't seem to suffer...in total personally I don't like using the TC (both on a K-1 II or a K-3) - but that's maybe because I only have experience using it on my 150-450mm- and as said before, that lens isn't exactly meant to be used with it, think i never tried it in combination with some other lenses I own, other than maybe the 60-250mm f4*...
Last edited by sealight; 05-28-2022 at 12:12 PM.