MoonSailor - I sail too!!
I also have a MacGregor 26 with a 50HP Honda but I prefer to sail it. Sure I can do 18MPH @ WOT and empty ballast but rarely do unless I want to get to the marina before everyone else to get a slip. It is when we are settled down and tied at the slip or securely anchored somwhere that the dinghy and engine are put to use. My wife likes to sit on the boat and relax whereas I like to get out and explore so the dinghy becomes indispensable, I can cover a lot of distance with it in a short time. There is something more exhilarating zipping around in a small dinghy at 10-12 mph than taking the Mac out at WOT, it just is not as much fun in a bigger boat. Even if I had a 30' 500HP stink pot I would not enjoy the speed, I only enjoy the speed in something small and the speed does not have to be that great as long as it scoots around that is fine. I have been in ski boats on lakes and they are sort of OK but I would not invest a lot in one as they just do not appeal to me, the dinghy is as much of a speed boat as I need. I have not yet seen anyone take their 32' sailboat up to the dinghy dock for supplies, most boaters arrive in their dinghy, ditto for checking out the bay, most boaters drop anchor and use the dinghy for checking out their surroundings.Even when I need to gas up I take the tanks out of the MacGregor and scoot over to the pumps in the dinghy and fill them, then return, it is just more convenient to use the dinghy for errands and saves me manouvering a larger boat at the pumps, jousting with all the other big boats, my dinghy allows me to quickly slip around the other boats and get my gas and get out of the way in much less time with much less fuss. Some anchorages are very crowded and it would be impractical to be cruising among a hundred other boaters all anchored with your big 32' seaworthy sailboat with 4.5' of draft tripping all the other rodes/anchors with your keel. This is when the dinghy is most practical, that is why I have one.