Eric:

Last year a friend and I did a 70 mile ocean race doublehanded. We were sailing in ocean swells off of Block Island and Martha's Vineyard. The one thing I remember about the settings on this race was that we had to crack the genoa off the spreaders about 8-12 inches. When we sail in Narragansett Bay, where there are no swells, we typically set the jib about six inches off the spreaders. Twisting the jib seemed to give us the power we needed. We sailed side by side with an Ohlson 33 for probably seven or eight hours. It was as if we were glued to each other. He was on our windward hip, in clear air. Try this setting in swells and see how it works.