Flexibility and complexity ...
... are the tradeoffs in a ketch or yawl. I raced a yawl extensively back in the late 70's when the racing rules weren't completely prohibitive. Lots of sail combinations possible to meet almost any condition. Points almost as well as a sloop 'cause more of the sailplan is devoted to headsail/mainsail combo. Off the wind, a yawl (or ketch) really shine. You can often set 5 sails (spinnaker, forestaysail, main, mizzen staysail, and mizzen). I think there is also a topsail that can go in there set on the main backstay, but we never did that, although one day I was beginning to think through setting the working jib upside down ... Oh yeah, best feature ... the mizzen mast makes a great place to hang on to when you're taking a leak off the stern! And the mizzen makes a great steering sail in close quarters.But ... Staying the mizzen mast can be problematic, and if you're going to want to use the mizzen as the wind gets up, you have to have it properly stayed. More standing rigging to maintain, as others have mentioned, and I once counted 17 running lines to tend as I circled the boat tending sail. On a small boat, I don't think it's efficient enough to be practical, which is why you seldom see the rig in less than 35 foot. If I could afford a 35 foot boat, I'd sail a yawl.IMHO ...Tom MonroeCarlyle Lake