I do pretty much what LakeEscape very nicely described when singlehanding a smaller boat. I have found that as the boat gets bigger, the winds get stronger, or a line get tangles/unwrapped/loose etc it can quickly get a little hectic in the cockpit. I second camaraderie's suggestion for a "tiller tamer" (other options are out there, but not as easy to set-up) - a lot of security for only a few bucks (about $30 if I remember correctly).
Saginaw Bay, Michigan
"The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails." - William Arthur Ward