A beauty isn't
For what I can tell in what regards Ocean racing there is little difference in the ORCI and IRC rating. It is a shame that the intention to make a only handicap rule (that was announced) seems to be going a hard way.
Here an interesting comparison between IRC and ORC, even if the ORC was updated since then:
Sail-World.com : Rolex Sydney Hobart - ORCi in its second year
sail-world.com -- Rolex Sydney Hobart 2011 ORCi versus IRC as handicap rule
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