John, your posting is very interesting.
Your reasoning behind your choice of sheet makes quite some sense. However, different boats have different sailplans and very varying space for the sheets, so I don’t think there is such a thing as a generally ’best’ sheeting. The sheeting angle you get when close-hauled, is about the one I get in my Ingeborg when broad-reaching. At that angle, the sheet forces are quite light on my sheet too (3-part purchase, 35sqm sail).
As I round up for close-hauled sailing, the last bit of sheeting gets heavy. I can still manage by hand, but tend to rather make a couple of turns with the (1-speed) winch. Still, no show-stopper. Only if the sheeting space gets very narrow, as on foresails on schooners, would I completely rule out using central sheets.
As you say, the sail is prone to get creases (diagonal I guess) when close-hauled with central sheeting. I too got that, until I set up the Hong Kong parrels just taut enough to remove those creases - while still avoiding new creases in the opposite direction when squaring out the sail.
http://goo.gl/r0fwCf
I generally divide my sails up in seven panels, which result in smaller panels. This lets me fit HK parrels without them intruding too far aft in the sail. I guess that your 5-panel sail would not like HK parrels that well, so your port-stb. sheets make sense. Actually, in the 80-es and 90-es, many British junks had the single sheet attached to a rail-to-rail sheet track. You get some of the same benefits that way.
Frankly, I guess we end up sticking with the sheets we have become used to, whether it is ‘the best’ or not.
If I were to try a two-tail sheet for a (large) Johanna-style sail, I would let one tail control the upper section and the other the lower one. This gives great twist control. I stress that keeping the twist right (= almost none) is an important performance factor. With telltales attached to the leech of each panel, you can see if the twist is right.
Cheers,
Arne