Vinny,
If you have a comptip mast then you must have the new halyard with just one "slug" to latch on the top of the mast. That slug is what will keep your gooseneck from going down. You can't reef if you don't have the second "slug". I don't reef and obviously no one with newer boats even has any reef points. The idea of a furling jib sounds the best to depower.
Howard