Both you Bendy toy and my Jeanneau from the same mid 80's era, are classic racer/cruisers. Nice interiors, decent speed. Can shame a few on the course if you have the right crew etc. Nothing wrong with the ability to do both!
Where I am at, it is nice to sail across puget sound, about 6'ish miles from Edmonds to Kingston, have dinner, sail home. Then again, local club has little bouy races that can be fun. About every weekend of the yr, there is a race somewhere on Puget sound with in 3-6 hrs if you really want to do that along with it.
The San Juans up into the Canadian equals, some of the best cruising grounds around, once you figure out the tides and currents..........
Yes possible to do both. Fortunetly some newer designs are coming out with the ability to do both. Not just being a sled, ie a melges, or a cruiser, seems like the rest!
She drives me boat,
I drives me dinghy!