I'm not sure if this is "original", but I have my red/green/stern white running lights on a two-position switch (on/off).
I put my steaming light (the one half way up the mast facing mostly forward) and my anchor light (the one at the mast top) on the three position switch, as they are not needed simultaneously.
The way I understand it is that if you're motoring the mast steaming light should be on (1/2 way up the mast) and your running lights too.
But if you are sailing the mast steaming light is off.
And if you're at anchor, the anchor light (top of the mast, visible 360 degrees)is on .... so this seems to work out OK.
(The light on the stern is not normally visible for 360 degrees, so should not be used as an anchoring light.)
Confused? Check
http://nyss.com/federal#3G
Hope this helps
Peter
#1331 'Sin Tacha'