Mark, still I'm having trouble figuring out how it could be Bad for Multihulls.
Let me answer that.
If an active F16 boat were selected, I think it would kill the F16 Class. All the money would go the Olympic boat. All the hot sailors would move to the Olympic boat, with mixed teams. Since the F16 Class is small, I think the selected boat would move to one design events and the F16 Class would end up being largely ignored, Like the B-Class. Loss of our most promising new class is a high price.
Put yourself in the place of a new club level buyer... No expectation of ever going to an Olympic regatta...
Hmm... The Olympics picked this particular F16... must be the best one.
Hmm... the resale value will be the highest... because it is the Olympic boat and everyone has heard of it.
Selecting a One Design Class who wants to be Olympic is one thing... Selecting a OD class out of a Formula construct is quite another.