That's how I run mine. I have a two-piece carbon pole which I run about 6" below the forestay bridle, and bend the tip down several inches with spectra lines back to the bows. I have a 12' pole and run an F18 chute sheeted to the main beam. Not surprisingly, I'm looking for a slightly larger chute. I plan to be at the Galveston Bay Chute Out on October 12 that Scott Tuma is organizing. He's the P-19 guru for the area, and may even have his boat there. I am running the halyard a lot like the new Tornado rig, with an eye almost at the masthead and a block on a 20" spectra leash which is free to run on another line attached thru the luff track to both sides of the mast. This forces the mast to rotate when the chute is up and solves the main problem with the typical spinn tangs, which try to de-rotate the mast.
anyway, good luck, and hope to see you at the Chute Out.