I want to maximize speed to a mark. If I use VMG to that mark, the closer I get the lower the VMG, as I come along side it for the final tack it drops to zero.
These are two places which describe how and why VMG to TW can be a better method than straight VMG..
Quoddy,
Simple answer is: you need BOTH. Just like the age old argument of "I don't need no stinkin' paddelwheel knot meter in MY boat! I have a GPS!", it is helpful to know BOTH the VMG to the next mark AND the VMG upwind.
Here on San Francisco Bay the TW is relatively steady, but relative is a, well, relative term! It backs coming westbound around Point Blount, and veers going westbound near the South Tower of the GGB. You know, a little local knowledge.
The steadily decreasing VMG to the next mark is simple: when it gets to zero, TACK, assuming you can do 90 degrees. On older GPSs without the VMG displayed, they still did the math but thery called it time to go (TTG). when it went ballistic and then to infinity (and beyond) you needed to tack.
Unless you know where your wind shifts are coming from before they do, you can usually only input one at a time, so oscillating wind directions that vary much during a day aren't going to let you make those changes in your GPS on the fly. You could always pre-input them, and then label them so you can always go to a waypoint named: "Wind 2000 miles away, from 240 Mag", etc.
Get both and see what I mean.