You are correct Gill. The problem that we had as a non recognised class was that had we held a National or World Championship, any sailor competing could, in theory, have been banned by ISAF from competing in any ISAF sanctioned event in any class. This meant that we could only hold such events if we did not use any of the 'trademarked' ISAF terms.
The long term future of the class is now much more secure both for the boat builders and the boat owners. By now being able to hold National, Continental and World Championships we are now being taken much more seriously by other classes, clubs, National Authorities and the media. In effect, we've grown up!