thank you - I didn't realize earlier 16's came with the reef option. I could crimp a slug at a second point on the halyard. I think an appropriate point for reef point is up two batten panels from the bottom (if that makes any sense)- any comments anyone? My boat is a 2003 FYI (it was raced in the Pan Am races in San Juan PR and is wickedly tuned. I had a TheMightyHobie18 for years in Cape Cod (Buzzard's Bay) and the 16 is a lot quirkier boat for me...