My topping lift is set a bit lower than when the main is raised so I don't generally need to adjust it when the main is raised. When I replaced the fixed portion, I used very light Amsteel line which tends to be blown back away from the sail and avoids chafe.
I have run my topping lift control from the end of the boom, forward to the mast. My halyards and reefing lines are rigged there as well. I ease the main sheet and then go to the mast to reef. I tension up the topping lift before reefing. This makes it much easier to get a flat reef in the sail. Once the reef is finished I slack it off a bit and then re sheet the main.
I believe the traditional topping lift and soft vang allow for much easier reefing, Steve.