JouvertSpirit,
Your intended antenna will work well, as you describe it. I've used one for 17 years on my boat, and have described it on numerous occasions in the past.
You can see the antenna here:
http://gallery.wdsg.com/Maine-Trip-2...ckland1?full=1
Look at the little white "loop" in the center of the pic. It's actually not a loop. The antenna itself goes to the left, while the other white wire is the GTO-15 wire which connects the base of the antenna to an SG-230 automatic antenna tuner just beneath the deck.
The antenna itself is made of s/s lifeline, insulated, and about 40' long. It is nearly indestructable.
While there are theoretical advantages to top-feeding as VSK suggests, the practical and design considerations on a sailboat obviate this option, IMHO. Consider that this is an end-fed, random wire antenna. The antenna begins right at the antenna lug on the tuner, i.e., the wire connecting the tuner to the antenna is, itself, a radiating part of the antenna. Obviously, therefore, it is impractical and undesirable to run a large radiating portion of the antenna up your mast -- either outside or inside -- for top-feeding.
The only other ways to do it would be to use coax and ground the braid to the mast at the top; use balanced twin-lead or open wire transmission line, and a current balun; or mount the tuner itself near the truck of the mast. None of these is really practical for ocean-sailing, IMO.
So, feed this antenna at the bottom, just as you would a "standard" insulated backstay. Make your connections tight and waterproof. Be sure to pay attention to the need for a good RF ground system (another topic in itself).
After living with one of these "alternate backstay" antennas for the past 17 years, I'm convinced that they are actually preferable to conventional backstay antennas because:
1. they are cheap and easy to build;
2. they are rugged;
3. they work every bit as well as an insulated backstay antenna; and
4. they are easy to raise and lower for periodic maintenance.
Good luck,
Bill
WA6CCA