Anyone race under SCHRS?

I just found out about the International Small Catamaran Handicap Rating System (SCHRS). http://www.schrs.com/index.php
I was wondering if anyone has raced under these provisions? Did it work out fairly well? Were there a bunch of babies crying on thier trampolines icon_frown ? (seems cat sailors can be the biggest bunch of cry babies) hahaha icon_lol

I often wondered if anyone has considered organizing a multihull race in Barnegat Bay, NJ. If anyone has or is let me know. I can't find any local events dispite a decent amount of boats.
I've never raced under this, but it looks fairly accurate to me. I don't think the H18 is as fast as they think it is, but other than that it looks pretty good.