The difficult part for me is that I don't actually like racing. I just like sailing and cruising. But I do recognize that racing is the best way to get young people into sailing.
I think some of the boat manufactures are recognizing some of these issues to and trying to do things to help. The new J/70s (
http://jboats.com/j70-one-design-sailboat) for instance could do a lot to help the situation. Instead of kicking around in a 70s J24 that is limited on hull speed, you could be in a boat that can plane and hit speeds close to 20 kts. More boats like this can attract more sailors, IMO.
What we really need is a good movie aimed at teens. I was talking to a guy at the gun shop the other day and he told me he can't keep youth compound bows on the shelves. Since the Hunger Games came out there have been a lot of kids getting into archery. If there is a good movie that promotes sailing in this way it could be huge for the sport.