PJ,
I haven't tried it, but I would guess it may tend to make the boat darty in rough water. I could be wrong. But the sort of thing you mention is like most mono hulls, and someone must have tried it, yet all the sponsons I have seen have constant dihedral!
Mike,
That would make it a 'forward CG' boat. Interesting! Although I am thinking that CG's in riggers are much less comparable for different designs than monos.
I was thinking a similar thing with belly on the sponsons.
Ian.