I am not a yacht designer, but am curious. I a boat like this you have hull speed which you basically can't go over. To get to hull speed you need a certain amount of drive from the sails. Excess drive past that is pointless. I suppose as wind increases you get more windage so some additional drive is required to overcome this. Given that isn't there more or less an optimum amount of sail for any condition?
Namely just enough to reach hull speed. Excess beyond this point isn't helping right?
So the correct sail carrying power is so long as you can carry the sail to get you to hull speed you are done? If you have more sail carrying power than that might not you wish to reduce the ballast?
It is a cool idea of yours, I often wonder about a carbon fiber Ingrid. Take an old timey design and render it in modern materials. My own boat is fin keel spade rudder setup and is a bit of a handful running with waves, although it beats nicely.