The Halyard is a bit long, I have been sailing with about 1m hanging from the retreval patch while I get the length right.
I also need to replace the takeup elastic, as it is getting a bit old.
I normally lace the halyard up and down the mast when towing, but just as I feel it is more secure than a coil.
Having said that I am just sailing at the club at the moment the mast has not been down in six months.
The stuff currently on the boat looks like 5mm racing, and it is just not working.