JC made the only relevant point.... The race will die unless the OA gets the priorities right..... eg it's a race first... then a party.
To say a regatta will die because the OA won't police handicap infractions is bogus! Handicap racing has been around forever and the nonsense that goes along with it has too. It's also impossible for the OA to police what someone submits on their registration and it's up the the competitors to file a protest if there is an infraction. I'm actually surprised you took this position Mark.
FYI, With SCHRS.... every owner would have been the one to declare the bits. measure the bits, run the calculator and get the rating.
Same as with DPN, you are still expected to claim your mods. The chink in the armor with a measurement based system is it's just not likely that the twice a year frankenboat racer is going to go to the bother of getting a cert. DPN makes it very easy for this type a participant to play and play legally. So you need to choose, purify the water and shrink the pool or live with it being a bit tainted with the hopes that frankenboat sailors will catch the bug and join a formula, OD or box rule class.
Handicap racing IS about the party. If the party sucks why would you handicap race at all? Everyone knows if you want to have a real race you do it straight up! The Rudder Club gets it, again Kudos to the Rudder Club!