How to connect the mast to the lightning ground plate is the question. As I understand it, a lightning induced pulse of electricity (average 1,000,000,000 joules or watts/sec) isn't all that keen to go around bends in conductors. However, I'm inclined to think that it's rather tricky to connect the bottom of a mast to a grounding plate without putting bends in the conductor.
Some insurance reports suggest that, having travelled down the mast, lightning has a tendency to make for the waterline of the boat, peppering the hull with small holes as it leaves (fibreglass hulls).
In an earlier thread, there was a video of a wooden telegraph pole being struck by lightning and being blown to smithereens.
Like many of you, I dare say, I've read quite a bit on lightning and protecting a boat from it. There is a mass of contradictory information out there and a few companies marketing products of questionable effectiveness, based on claims made from questionable science.
My feeling is that lightning will basically do whatever it wants, irrespective of what measures have been taken, but I could be wrong...