Yes took this one for a spin. Was thinking that splitting the hydrodynamic forces into two orthogonal components, as we do with fin and hull, is not the most efficient way to go about it. The fin is more efficient at generating lift than the hull so using it to relieve the hull of a bit of work should be a win. As Michie says it's a trade off of horizontal lit for vertical lift. But because of the way sines and coses work it's a win. For this fin at ~ 18 degrees you lose horizontal lift with the cos of 18 = .95 ie lose 5% but gain vertical lift with the sine of 18 = 0.31 ie 30% and the fin only has to be 5% bigger to get back the lost horizontal lift. ( Or run at a slightly higher AOA).
I had a bit of a win in that many said it'd be unsailable, I'd break an ankle. In fact it was surprisingly easy to sail, a little prone to spin out on the lifty side and heaps of traction on the digging in side. Did about 30 knots I recall. But I felt that I'd lost a bit of steerablity and feel. Maybe you'd get used to it. Only sailed it once.
The sailrocket speed machine makes good use of this idea by eliminating the planing surface altogether in favour of two fully immersed foils. One in water and one in air - both of which should operate at a better lift to drag ratio than a semi-immersed planing hull. It's getting close to the perfect sailing machine ie - one foil in the air connected by an ultra thin, ultra strong wire to one foil in the water.
Control will be the issue, the old planing hull is hard to beat for dynamic stability.