Umm... I think you need to rethink this.Actually, and I just learned this, the keel is why it rolls. By lowering the center of gravity and lateral resistance, with a keel, there is a resistance to movement well below the surface, while the bouyant hull moves according to the wave action. This means there is an exaggerated roll, like lengthening the string on a pendulum that keeps the same swing and period. A tall mast acts as a dampener and slows down the period so the swing isn't as exaggerated.
Since much of the ballast in the keel is designed to stabilize the boat under sail, removing much of the keel could work, especially when adding a larger engine low in the hull. However, the hull form with rounded bilges may make for an uncomfortable ride, especially if the boat is lighter over all, resulting in more overhang coming out of the water. A lot of pitching as well as rolling.
-Will (Dragonfly)
Lowering the CG will always reduce roll, with a corresponding shortening of the period. Its not a pendulum; a pendulum pivots freely while a keel is fixed to its hull.
Now on a sailboat without a mast, very long righting arm creates a period is so short that most people find it uncomfortable. As noted, the mast (and even better sails) provide a dampener to that.