An elegant gaff-rigged cutter on which champagne corks are frequently heard to pop; a battered, steel-hulled cutter which has sailed among the icebergs of Antarctica; a stoutly-built, double-ended cutter now cruising the Caribbean; a sloop owned and skippered by a yachtsman who was to become Prime Minister of England; maxi yachts from Australia, America, New Zealand, South Africa, Germany and Denmark; a tiny half tonner from Tasmania with a rather suggestive insignia on its transom