Yeah, I really wish they spaced things out more. I mean, you hit LtCmdr at level 10! If they had all the ranks from canon (including the on-again, off-again Commodore) we'd just be hitting Rear Admiral, Upper Half (if you leave the promotion points where they currently are, and just rename things):
Level | Current rank | Proposed rank
------|--------------------------|--------------------------
1 | Cadet/Ensign | Cadet
3 | Lieutenant | Ensign
10 | Lieutenant Commander | Lieutenant J.G.
20 | Commander | Lieutenant
30 | Captain | Lieutenant Commander
40 | Rear Admiral, Lower Half | Commander
45 | Rear Admiral, Upper Half | Captain
50 | Vice Admiral | Commodore
55 | Admiral | Rear Admiral, Lower Half
60 | Fleet Admiral | Rear Admiral, Upper Half
65 | N/A | Vice Admiral
70 | N/A | Admiral
75 | N/A | Fleet Admiral