Now, I could pay my deductible and have the additional burden of "be responsible" for the other guys' out of pocket expenses if he perceives that I am responsible under the RR of sailing "responsiblity" standard.
Huh? You can still do all this. You're not signing over your ability to sue anyone...this is exactly why US Sailing added the prescription that "Hold Harmless" indemnification agreements could not be put in the NOR or the registration form. All that can go on the two is a release of liability in that you won't hold the organizing body (NOT other sailors), liable in the event of injury, damage, or death. That liability release is not even a very strong legal document but it gives the organizers some shelter should someone get a bone up their butt for some decision the sailor should have not made.
