For a sloop rig,
I'd also go simple.
Set the boat in water. Take the mast or dowl or whatever you are using and press down on the deck with the boat free floating. Try and center the mast on the point where the hull pushes evenly for and aft into the water.
Gross example: put the mast 1 inch from the bow and push down. You will clearly see you are no where near center of buoyancy. Now put it 1 inch from the stern. See the same thing! Now work towards the center until you find a reasonable center of buoyancy. Call it good!
Do not forget that when you add a keel and rudder the center of bouyance will change a little! Just sayin' . . . . . maybe add the keel first?
1/4 inch - 1/8th inch sheet metal cut pretty and coated works great!
Lastly for sail adjustment, you might want to consider some of the super simple and super cheap shroud/stay adjusters on a Kyosho Fairwinds RC sailboat! I can not find a good photo but if you open the link below you will see in the first photo of section E an aft adjuster part way up the aft stay. It just slides up and down to adjust! EASY!
http://fairwind900.home.comcast.net/~fa ... Racing.pdf
FYI, I'm into RC sailing also. I've been know to sail into a hardbor, drop anchor, and procede to get out one of my RC sailboats! LOL!
Here a couple of old photos! The white one has since received radio controlled nav lights, scaleish dinghy to tow and an outboard on the stern rail for the dinghy! Yikes! I am a geek! Sheesh, I even make my own sails! Oh man, I am sick . . . . . . .
Lady Di
Destiny including all flags on starboard shroud! LOL!

Scott