It should be a great boat for what you want.
As a Freedom owner I can tell you that you should worry much more about getting the sail down and adding reef-points than about getting the sail up.
On the way up you are usually in control, so that is generally trouble-free or at most work.
Taking it down or reefing on the other hand can be a problem. If the boom is out too far, or you are not close to the eye of the wind when dropping the sail, the sail will not come down, and when a fully battened sail that big starts flogging you don't want to have to come near it.
The factory reef-points are for "sailing" not for being abused by a storm. I have not been on a 40/40 but you have to have a way of carrying less but efficient sail. The mast adds windage and you will need some kind or storm sail that has a good foil shape if you get caught in a NE. My guess is the jib
or stock main reefed will be too much power.
You probably also need additional sail slides of the top of the main sail. Gusts can peel a full roach main like the Freedom right off the mast with plastic slides and with metal slides it could kink the sail track, making it harder to get the sail down. You are not likely to be "saved" by the sails blowing-out either, so you have to have an exit plan.
When Tillotson-Pearson sold off Freedom Yachts they licensed the construction technology as well, so it should be an excellent boat. The above are concerns for any boat with a fully battened large main.