It's not so much about overall HP - remember most small motors 6, 8, 9.9 hp are marketed for small fishing boats, dinghies, etc. which are, for the most part, planing hulls. The propeller pitch shipped with the OBs are higher, to allow the lighter boats to run faster at higher RPMs, and to get the boat on plane. With a sailboat, you'll never get her on plane, and she's heavier, so you want to run with a lower pitch and larger diameter prop, or something listed as a high thrust prop. This will allow the motor to run in a higher, more appropriate RPM range (limiting carbon build up from low run time/low RPMs), and will also give you more thrust, especially in reverse.
If you wanted to decrease weight, you could look for a lower HP "sail pro" model. These usually start about 6hp, and come with a long shaft or extra long shaft (25"), alternator, possibly electric start, and definitely a high thrust (low pitch, larger diameter) prop. With smaller trailer sailors in the 19-23 foot range, seems to me a 6hp with long shaft, high thrust prop ought to be just right.
Sage Marine sells the Sage 17 with a 2.5hp Tohatsu long shaft. I asked about more HP, and they said that they feel there's no need for higher HP, as the 2.5 pushes the boat at hull speed.
Brian