I used to have an S&S designed 24', shoal draft with a center board.
LWL: 19'
Disp: 4250 lbs
Ballast: 1650 lbs
BD: 38.8%
DL: 276
Draft: 2.83
SA: 295 sq'
Sa/D: 18.04
The centerboard while aiding in upwind performance added little to ballast and lateral stability at most points of sail. Some owners rarely used it. In fact, one owner who sailed from California to Tahiti and back never used it all.
Because of slack bilges it was one of those boats that was tender initially, but once healed at 15 - 20 degrees it would hold steady. I never once got the rail in. Once we were fully loaded, 2 adults and 2 kids and all our gear and food for a weeks holiday on the Island. Early in the evening the wind piped up to 25knts gusting to 30 - 35 knts. I switched up the 110 to a 95 but never needed a reef in the main. The stars were out. The kids slept soundly. What a night!
Granted the keel ran maybe 2/3 the length of the LOA, the lead ballast was encased in the layered-up glass starting from the base of the hull to 2.83' away from the bottom of the hull.
My point.
If you could take that sail "power" and fix it to a low drag, low displacement hull, something that weighs a 1/2 to 2/3 of the original weight, take the lead ballast and swing it up to windward, replace lateral resistance from the keel to dagger boards, hull form and foils ....
I was watching the video of Speed Dream's trial run. With the keel flying out of the water it still took 3 guys on the rail hiking out to keep it at the designed point of heel. Balance? Too much SA? Too much sail aloft?
Also, I hate to be a naysayer, I really hope Speed Dream works, but a telescoping keel with how much in the bulb? The loads a large confused sea can generate are terrific. I'm still often surprised by how much force a little 3' wave produces when body surfing.