Frank - I have sailed in company with a number of IP 38s. I have
noticed that their pointing ability is greatly limited. They can not
sail or motor sail close the wind without luffing their headsail and
the a staysail does not seem to help. One of the problem is the
limited
sheeting angle afforded by the outboard chainplates and the large
spreaders. If you notice the P40's chainplates are inboard with
shorter spreaders making for a tighter sheeting angle. When you add a
staysail to a P40 you can easily motorsail within 10 degrees to
windward getting lift from both the staysail and the main. This is
particularily valuable when one has to go to windward in the trades.
There were many times that I could leave and IP38s had to wait for a
better angle.
Relative to IP and others of the cruising class, I have found the P40
to be an outstanding, unmatched performer. Being in very heavy
conditions I have found that it knew what to do when I didn't.
It's design is timeless and built knowing what is required in a
cruising sailboat. The interior can not be compared with a IP38. It
is
a fine traditional boat.
Get in your dingy, go ashore and coming back to your boat, look at
the
IP38 and then the P40, and then tell me which boat you would like to
own!
Herman Diebler
S/V Grendel
http://svgrendel.com