Light Air
Most of the races I have won (or more often placed) are in light air. First, you need a jib pole of some type. Second, a clean bottom. Third, a vang/preventer rig for the mainsail. Fourth, a folding or feathering prop. Fifth, an attentive crew.
I did replace my factory sails some seven years ago and got about an ounce lighter in both. I also did not have a heavy Sunbrella-type protective cover for the jib and instead went for a sacraficial dacron cover good for a couple of years. It allows the sail to fly much easier in light conditions. I bought a sock to put over the jib when I'm away to protect the sail. Also, for light air, unless you have a true drifter, a big overlap (150+) isn't necessarily the best way to go. I fly a 133 on a fractional rig.
As far as sailing tactics in light air, you probably already know them. However, I do not pay attention to the wind indicator under a couple of knots apparent. I am typically in swells and the masthead fly gets tossed all around. Trust the back of your neck instead and sail to the best 'average' course. Don't even try DDW; just get the wind over your quarter or beam to steady the sails and get some apparent wind moving.
As far as an attentive crew... good luck getting them to pay attention after sundown when they are tired, cold, and just want it to end.
Anyhow, that's what I do and it seems to work, but every boat and crew are different, so doing a bunch of races is the best solution to moving up the finish list. Good luck!