Thanks Paul, the Hummingbird is along the lines I was thinking.
In regards to steeing, I was considering hand steering as an option so that the transition to bigger yachts would be easier. Although I have some doubts that the hand steering is actually easier. Having to steer with 1 hand and manage the sheet rope with the other might be a bit overwhelming. How do the kids go the the foot steering, do the get the hang of it easy enough?
Also just on the foot steering setup, I was looking a a push type of arrangement rather than a turning action, similar to the class 5 and every billy kart on the planet. Obviously this design has come about because of the simplicity, however a more intuitive and symantic action is actually opposite. Aircraft nosewheel/rudder control actually work opposite, in that pushing with the right foot turns right. The downside of this is of course some extra complexity in the design, but still pretty basic, and I'm a bit worried about making it more difficult to graduate to a more traditional larger yacht.
Just on the sail, would the lack of any luff in the sail, and the relatively stiff aluminium pipe mast be OK as is? (I'll get a photo later today, still on holidays

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Sorry for the long winded post, even I am starting to struggle keeping up.