Reef-schmeef, dude, that sounds like a sweet BFS, sww! I saw a couple of boats today with a reef in the main - but I just couldn't do it! It was TOO FREAKIN' FUN!
Another 5 knots and I'm sure I would have changed my mind. And don't worry about the kid - he will pick it up. I have 2 young boys myself and it's so cool when the older one is at the helm and I tell him to turn to port, or grab a sheet, or halyard - and see him do it. Hell, I don't even know what that stuff is, I'm just readin' it off of Sailnet!
BTW - a free boat always sails better doesn't it! Did you know CharlieCobra got "Oh Joy" for $20? You guys must be livin' charmed lives!