It got me to thinking about modern yacht design and if keel-stepped masts are even designed for modern boats. It seems to me that deck-stepped is the norm, even for the upper-echelon of modern blue water designs. True or not?
This question comes up regularly on various forums. I do wish you had not introduced it via the "when did you stop beating your wife?" approach...
As another poster pointed out there are real performance advantages to a keel-stepped spar. Also some small further advantage to a tapered spar. Also to having a narrow shroud base, and double spreaders.
All of these features will increase potential performance, but at a higher build cost. When our boat was built, there was a robust market for dual purpose sailboats that could perform well in continuous offshore service, and also have comfortable interior amenities. Our design has all of those performance enhancers.
Sadly, this part of the sailing market has been declining for 20 years.
Most customers nowadays seem to want a sail boat that sails well on nice days, in a limited performance envelope of approx. 7 up to 14 knots of true wind, and waves under two feet (or lower).
There is no profit in building boats for a larger Performance Envelope. Boats are built to make money, not to educate the unknowing.
As for deck stepped spars, offshore boats like the race-winning Cascade 36 have been gathering trophies
and circumnavigations (equally) since the 70's. Of course that owes much to naval architect Robert Smith, and no-compromise scantlings from the former Yacht Constructors yard in Portland. Mast specs depends on meeting the stresses of sailing and then designing the mast and rig adequately.
For strength, either system can meet sea going requirements, but the deck-stepped spar system will (mostly) always have a bit more weight up high and sacrifice some performance.
Given that the sea and wind are pretty much a constant, it's Marketing that continues to change sail boat design.
And always... YMMV !