Setting up slab-reefing system
In the back of the Schaefer Marine catalogue is a series of diagrams for doing this, and I chose and now wholeheartedly recommend the single-line reefing system as they describe. This is on my boat and has been included on the new generation of Cherubini 44s. Basically the reef line is fixed at the tail end of the boom, goes up through the after cringle, down into the boom the other side, forward through the boom, up to and through the forward cringle, down to the deck, and aft to the hatch/cockpit. On a C-44 there are two, one each side (and thus four boom sheaves, not three, each end). As we fit it, it enables you to stand in the hatchway with the halyard(s) on one side and the reef line(s) on the other-- so as to use two winches if needed. You play one out and one in pretty much at the same time. THEN you go forward to tie up the 'billowing bag' underneath.
It's never fun in a bone-chattering squall to bend a recalcitrant sail round the cunningham hook-- in fact I took them right off my boat. The forward end of the sail is held down by the forward reef line. I also can pull the pin out of the gooseneck and, instead of raising the sail with the halyard after settling on the the reef, I can LOWER the boom against the halyard, thus reducing heel angle, motion, and so on at the same time.
The biggest detriment with this system, as it is on my boat, is that the outhaul for the reefed sail, still going back to the end of the boom, now leads on a pretty bad angle, sometimes necessitating an extra tie through the aft reef cringle and cinched round the boom to hold the sail down. Allowing a reefed mainsail to pull other than at its own bias line has led to sail failure more than once-- however it's usually after days or weeks of sailing through the south 50s, never getting a chance to shake out the reef and factoring excessive chafe and brilliant sun into the bargain. For most of us this is a very minor threat.... then again it happens on the Delaware River too, so vigilance is still key anywhere.
On that note-- the rule of thumb is generally that if you think it's time to reef, it was actually time to reef 10 minutes ago, so do it now. I always advise people to go out on a very tolerable but windy day and practice this. I said once, you should be able to slab-reef the main, with the least number of crew you might ever have (alone?), in under 60 seconds. If not, go practice till you can. Then a guy at the club said, '45 seconds.' His boat is smaller than mine... but that doesn't matter because, properly set-up, you could reef any size of boat the same way. So, 45 seconds then.