I have sailed both versoins and the difference is dramatic. The deep draft boats points much higher. With a 135% genoa and inboard tracks, Midnight Sun will point higher than most of the small J boats. (22,24,27,29, and 30) The two hulls are different. A shoal draft 37 is not just a deep draft with a foot cut off of the keel. The keel is substantally longer. (A couple feet) Phrf does give an allowance for he shoal draft, but it is not enough to make the boats equal. The shoal draft boat is also much heavier. It takes more weight to achieve the same righting moment since it is not down as far. JC also originally drew the shoal draft boat with a centerboard. That version never made it into production, and Hunter filled the slot with concrete. These boats are totally different animals when sailed as a sloop with inboard tracks.