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It may be true that a hard chined boat heeled over has less wetted surface than it would when level, a hard chine boat will have more wetted surface than a round bilge boat when heeled. For any given volume, half a cylinder will have less surface area than any other geometric shape. The closer you are to a cylindar the less surface area for the volume. In terms of surface area to volume, a triangle is pretty inefficient in that regard.
Jeff
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