More thoughts
Last summer I bought new sails and the manufacturer's rep said it's a toss-up between the two, indicating his preference for a shelf foot to keep rainwater from dripping the length of the foot and its better flaking characteristics. However, I decided to try the loose foot (with full battens) and have been very happy with my choice. The sail seems easier to read, and I agree with Tom that it is much easier to adjust, and thus encourages adjustment. Perhaps, Don, the leakage of pressure under the gap at the bottom is compensated for by the small differences in improved shaping - thus overall performance is about the same. Having gotten used to it, I'd never go back to a shelf-footed design unless there were additional incentives. One aspect of a loose-footed main that is usually not mentioned, however, is that all of the sail's force on the foot is concentrated at the tack pin and the clew slug (and outhaul), so with a mid-boom sheeting set-up you need to be aware of the forces involved. The end of the boom is being pulled up and out, and the center of the boom is being pulled down and in by the mainsheet and the vang. There is a lot of upward leverage on the boom from the bail out, and if it has been weakened in any way it can break at the bail attachment bolts. Don't ask how I know.