Originally Posted by Joli
I't really a question without answers ...
As Joli says. The answer certainly varies with the context, so some good relies here.
A few more for the list ...
 Sailing notably faster than most other boats, in 2-10 knot
 Still making good ground when the rest of the fleet is motoring.
 Reaching hull speed
well below winds needed by other boats.
A boat with good light wind
performance will generally do all well.
Excellence is kicking the a** of the 40 footers that line me up!
(Or does that just feel excellent?)