I'm somewhat reluctant to comment on rigs for this boat again, after the way that my suggestions of erring on the side of prudence and good seamanlike sense weren't well received last time; but since my name has been mentioned, perhaps I should.
The problem with a Badger-like rig on this boat is that when the mainsail area decreases relative to the foresail area, both masts need to move aft in the boat. I think that the mainmast is likely to clash with the sliding main hatch. A PJR distribution of sail areas, 67/33, would seem to put the mainmast just forward of this interference, with the smaller foremast being well forward and clear of the V berths. This is a practical possibility.
Yet I would question whether it's necessary to go for a schooner rig. 450 sq ft in a single sail, on a mast stepped through the forehatch area, seems to be reasonable and practical, without impacting the accommodation too badly. I think I'd favour it, using one of the 40ft hurricane-proof flagpoles you mention. Possibly the 8 inch thicker-walled variant (subject to verifying by calculation)?