Congratulations, Stephen
It's nice to see someone who actually tried both free-wheeling and fixed prop, and is open to basing his choice on data - rather than the endless theorizing on this issue that often fills sailing forums.Your 0.5kt speed reduction from dragging a fixed prop through the water is exactly what I get on my Hunter 36 with its 3-blade prop (whose acceleration I dearly love when the Merrimac River entrance bar is breaking).My previous boat had a 2-blade prop, and lost 0.25-to-0.3kts when freeewheeling.Needless-to-say I was mystified by the apparent reversal from the 2-blade to the 3-blade, uintil I found that the Navy (David Taylor Model Basin, as I recall) had done a study of the effect of a dead prop on drag.The study apparently concluded that minimum drag for a 2-blade prop did, indeed occur when it was fixed - especially if fixed in vertical alignment with the keel.It also showed, however, that a 3-blade prop gave minimum drag when free-wheeling.You'll often hear advice from sailors who are also pilots that you should always fix a prop, since a freewheeling (airplane) prop has more drag than a fixed one. This is certainly sound advice for airplanes, but apparently boats are more complicated <g> .My grad school fluid dynamics was a long time ago, but I do remember that the mathematics of incompressible fluids (like water) is very different than that of compressible fluids (like air), so that's probably where the differences in applicable models come in.In any case, it's a delight to see someone actually "count the number of teeth in the horse's mouth," rather than conducting theological arguments.One Caution: The advice given above about checking your transmission manufacturer's recommendation on wear is also well-founded - I have Yanmar's cone clutch in mine, which is very happy. There are other types of Yanmar transmissions that can suffer extensive clutch wear in freewheeling.When you stop dragging the prop along you seem to be doing pretty well on getting speed from your sails.Fair winds,Al