Wise words indeed from Jack.. The only slight edit I'd add is (and it's only stressing the point)
"Reef when you FIRST
think about it.." if you find yourself thinking "I wonder if we ought to reef.." then do it!
Alternatively, you could hire me... While I don't have all the official qualifications (paper wise) I do have a thousand or so miles of Caribbean sailing behind me. and I'd probably work for airfare!