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On a small un-named vessel I'll generally use something that seems to fit & is descriptive, "Runabout Whaler" is one I've used or S/V Compac in your case, just for ease in communicating.
Also, nothing says you have to be documented to have a name, tho' I've never felt the need to name a boat that wasn't big enough to document.
Last edited by capttb; 10-31-2008 at 11:40 PM.