I think an important point has been brought up though... The F16 was specifically conceived of as a 1-up or 2-up boat. It's great for each but not optimized for either.

The Olympic Committee has no interest in 1-up. I can easily see them going for a boat that has been optimized for 2-up crews of three-hundred pounds and it is reasonable that such a boat would be faster than an F16 that is sailed with the same sort of crew.

I also expect that they would be much more interested in a one design class over a development (even a limited-development) class. And I figure they would want a design that is already internationally adopted (which this new Nacra 17 is obviously not.)

I'm guessing they will have a hard choice ahead of them.