There was an interesting discussion about it some time ago, so I posted a message there (with no content), bringing it back to the top of the line. Take a look - it's worth it.
The concept certainly works but its praticity for a beach cat is arguable. It seems that a symetrical blade with automatically adjustable angle of attack would work better. They use it in the 505 class (mono). There was a discussion about it, too (but I did not find it).
If you want to take advantage of the full capabilities of an asymetric daggerboard (better known as hydrofoil), it pays to incline it, so that it also lifts the boat reducing its wetted surface. The inclined asymetric daggerboard is called "Bruce Foil" or "surface piercing foil".
If you don't want to tack the foils, the easier solution is to put them in a tri and raise the amas a bit, so that when one foil is in the water the other is raised out of it. The resulting tri is either an Open 60 (hydrofoil lift around 10 to 20% of displacement) or a Catri (total foil lift around 90% displacement).
If you go for a total foil lift of 100% you will end up with Hydroptere - a totally airborne open 60 foiler. If you replace the Bruce Foils by totally submerged foils, you will end up with the Hobie Trifoiler or the Rave. The three of them use need mechanical controls to constantly adjust the angle of attack and maintain stability.
If you are curious about hydrofoils, visit
www.foils.org.If you want to know more about the other boats, it is easy to find directions to any of them through search engines.
Cheers,