I have a question about stating in the NoR or SIs that Appendix V applies. Does the statement "Appendix V will apply" automatically mean that both V1 and V2 will apply? In the prelude to the rule it discusses V1 and V2 and how one or both apply only if so stated. Does "Appendix V will apply" need to be clarified regarding whether one or both rules, V1 and/or V2 apply?
Second question when both V1 and V2 apply. The lead boat in a 10 boat, 40 foot one-design race, 10 to 12 knots of wind, rounds the final weather mark first by barely a boatlength and sets the spinnaker on the leg to the offset mark, bearing away and filling as they round Ao. The other nine boats are close behind in a tight grouping, all doing the same, lots of yelling and orders from the ten boats. There's some discussion on the lead boat whether they touched the offset mark. The skipper thinks they were clear but there are some doubts. The navigator points out rule App V2 applies and they can wait until finishing  and take a 30% penalty if there's still a chance they touched the mark.  Finish first, one point plus the 30%, 3 points, total four points. The mainsail trimmer explains that taking their proper V1 one turn penalty probably puts them into last place,10 points. No brainer, take the post race % penalty.
Is that a scenario that is possible? Can you have a choice and isn't that similar to rule 44.1(b) gaining significant advantage by waiting until post-race to take a lesser penalty? Is it still fair sailing to pick the lesser penalty or am I missing something?