Yes but Hood was not a true battlecruiser in comparison to the WWI types. She was in fact the world's first fast battleship. At the time of her commissioning she was (ironically) the UK's best protected capital warship. Her design however was too advanced to fully incorporate all of the wartime lessons and she remained an incremental-armor design (vs. the more modern "all or nothing" type) with the weight of her protection focused on the vertical (flatter trajectory shellfire). While not a crippling aspect in 1920, by 1941 her horizontal protection was woefully lacking. The preposed refit would have added several inches of deck armor to her primary armor deck, making her more survivable. The British termed Hood a "Battlecruiser" but post-WWI, this term's meaning had changed within the Royal Navy. "Battlecruisers" encompassed fast capital ships with the speed to operate detached from the main battlefleet. "Battleships" encompassed the more traditional type, slower,t more heavily armed and armored and meant only to operate on the line. The G3 'Battlecruisers' which succeeeded the older Hood class, were certainly not "battlecruisers" in the traditional sense in comparison to the first types such as Invincible.
As for the losses, had the Admiralty listened to a knowledgable few in regards to the stability of their cordite, its conceivable that none of the three lost at Jutland would have been lost. I agree though that the entire BC concept was flawed in that once other nations built similar classes you in effect would inevitably have a scaled down version of the main event with the BC fleets facing off just as the BB fleets were meant to face off. Once technology allowed the merging of the battleship with the speed of the battlecruiser, the issue became moot anyway.
One more thing to add,
Battlecrisers is invention of admiral Fisher,he name these ships as "cruiser killers",his forte is "speed for armor".
Germans battlecruisers proves better in WW1 then Brittish counterparts.
Scharnhorst and Gneisenau are also battlecruisers but germans sacrifice guns for speed,these ships are proved good raiders at convoys,i think that Scharnhorst could make almost 34 knots.
I read book,some years ago,about war in atlantic and author say,
"Hood and other BCs are designed to catch and destroy any cruiser they encounter. They cannot sustain heavy damage in hard fights,Scharnhorst and Gneisenau are designed to sustain heavy damage in hard fights."
I hope i translate this right.


