Windlasses are used on many boats. Up here, north of 48º Latitude, you need to consider the water depths, tidal changes, wind, and sea state conditions that are required for the length of chain/rode necessary to safely anchor.
30ft (9 meters) depths are normal in many of the anchorages. If you're going to be addressing 10 ft (3 meter) tidal change and you need to have a 5:1 scope out that is 200ft (70 meters) of chain and road so that you can sleep the night. In some of the northern remote anchorages, you drop in 60ft (18.2 meters) of water and run a 500ft line to shore and back so that you can hold in a tight spot safely.
You need to plan your windlass and chain/rode so that you can manage the conditions. Vertical windlasses, like the Lewmar 3V (what I installed) require 12 plus inches of vertical chain drop beneath the windlass. The vertical windlass has about a 180º engagement on the chain/rode. This reduces the chance of chain/rode slippage during use. This may not work on your boat in the conventional sense (totally hidden in an anchor locker). Horizontal windlasses are more forgiving in a shallow locker and alignment of the chain/rode, but can suffer from less grip on the chain/rode when retrieving.
Shout out to
@mermike. He recently installed a windlass on his Y33. You might search for threads about it here on SBO