I was in a race in Tampa Bay and the captain of the boat showed me a way to coil line (mainly halyards, so they can run free when dropping sail) where you basically take half a loop and lay it over one side of your face-up palm, and take half a loop and lay it over the other...you end up with more or less, several very long loops (3 or 4 feet,) held in the middle by your hand.
Not sure if this is even considered a coil, but it''s extremely fast (good for when working at the mast, and/or in a race) and I''ve yet to have a snarl when dropping sail. Used to get them occasionally when using some of the other methods.
Fo some reason, I want to say that John Kretschmer mentioned this technique on here some time ago too.
Anyway, just thought I''d throw that in the mix. Not sure if there is a ''name'' for it other than just flaking, or if my description was even sufficient to make clear what I was talking about. It''s not ''fancy'' but it''s certainly functional.