Probably the best/most efficient way to implement it would be with a single red at the top of the mast, and a pair of greens on either side of the mast 3-5 feet below the masthead. Gets rid of one bulb, anyway, as well as a bit of wiring. The red could be capped with the all-round anchor light, too.
Any vendors listening?
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Pacific Seacraft Crealock 31 #62
NEVER CALLS CRUISINGDAD BACK....CAN"T TAKE THE ACCENT