What does the name of the beast matter? Getting some of these boats on the water is the important point at this stage.
Would you build one of these (at 12 feet) if you got a set of plans and a building description? I will, but not yet, as there is an F-16 brewing there..

To be a bit on-topic. I definately think it should be a formula class, not OD or SMOD. That way homebuilding and affordability will be a possibility wherever the 'class' might decide to go.