Using the Israeli Mediterranean as an example, we address the impact of resource variability and device survivability on the design of floating-body wave-energy converters (WECs). Employing a simplified heaving-cylinder as a prototypical WEC, several device sizes, corresponding to the most frequently encountered and most energetic sea-states in the Israeli Mediterranean, are investigated. Mean-annual energy production is calculated based on the scatter-diagram/power-matrix approach. Subsequently, a measure for significant device motions under irregular sea-states akin to the spectral significant wave-height is developed, and cutoffs to regular operation are explored from the perspective of these significant displacements. The impact of this WEC down-time is captured in a refinement of mean-annual energy production, which consists of supplementing the scatter-diagram/power-matrix calculations by a Boolean displacement matrix. In the Israeli Mediterranean, where most of the annual incident wave power comes in infrequent winter storms, larger WECs outperform smaller WECs by a greater margin when down-time is taken into account. Analogous displacement cutoffs for refining calculations of mean-annual energy production may inform WEC design for other sites.