I carry a small Cold Steel Ready Edge, but have neve had to use it in anger. I feel like a somwhat larger dive or lockback knife would make problems go away a lot more effectively, even if it was a bit more awkward to carry. I was shore crew for Team Spitfire in the Worrell this year, and they carried large lockbacks (one was Gerber, I don't remember the other, but I know one of them had a shackle key built into the blade.) They used the belt clip built into the knife clipped to the compass? strobe? whatever clip system was on the front left side of their life jackets. Usually we threw a strip of electric or rigging tape across it to make it a bit more secure.
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<br>good luck
<br>AT
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<br><a href="http://www.geocities.com/fasttango/007_4.JPG">Jamie Gaines and John Tomko, post-Jensen</a><br><br>Andrew Tatton
<br>Nacra 5.5u #417 +chute

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Andrew Tatton Nacra 20 "Wiggle Stick" #266 Nacra 18 Square #12