I don't get a vote, but I was thinking, as I think others were, that it would be in the bottom panel down closer to the clew of the mainsail.

From a publicity standpoint, the lower the better, because so many close-up photos of boats only include the hull and the bottom of the mainsail. If you put it in the second panel up, it is going to get cut out of a lot of pictures.

Just my two cents as someone who has to do the cutting.