As I'm not specifically a 'yachtie' my approach is a little unconventional . . . .
In my post here
http://www.modelboatmayhem.co.uk/forum/index.php?topic=20883.0 I plan to use modification described here on my Master Hand build.
In reply #1 the sketch shows the circuit layout and the notches cut in the ratchet wheels inside the transmitter, each stick up notch represents one sail control sheet out and the corresponding stick down notch represents the same sail sheet in.
A brass tap with a kink in it's end finds each notch and its location is positively felt by your thumbs on the stick. I keep the centralising spring as when the stick is released each sail stays in its current position until a signal is given to move sheet in or out.
I plan my LH stick up & down to control jib and foresail and RH stick to control main and mizzen sails and left/right on the right stick will control rudder.
Obviously with this setup there is a brief movement at the servo winch as the transmitter stick passes the first notch (say jib) on its way to the foresail control (2nd notch) but the jib winch movement is tiny, of course you can build in a time delay circuit on the switch board in the boat (see drawing post #3) to avoid this but I've found it unnecessary.
This set up allows individual sail control and a notch at stick full up or fully down will give command to all sail winches controlled by that stick to let fully out or fully in and the sails winches will continue to that position irrespective of their current position.
I've used this setup to control foresail, main and mizzen using an old Acoms 27 Mhz 2 channel rig with 4 notches on the LH transmitter stick either side of centre with great success.
This later modification gave the following . . . . . 1st notch up was foresail winch out, 2nd was main winch out, 3rd was mizzen winch out and fully up was all sails winch out and down stick was the opposite.
Of course I had no experience of conventional systems so this setup didn't give me any problems.