Well, since the IOC has engrained ISAF to deal with classes and equipment for the sport of sailing for the Olympics, it seems pretty obvious that completely divorcing from USSA and ISAF will lead to never, ever having a multihull in the Olympics again.
Personally, I think X-Games is the way to go anyway (rather than Olympics), it would be a better showcase to a target audience that we are really looking for (young, potentially active people).
This brings up other questions, like what would we call the sport if we separate from ISAF? Can we call it sailing, and hold Worlds, without being sued?
