1. The peak pressures are important because ultimately the flow outside the boundary layer has to slow down to near (actually a little below) the freestream speed at the trailing edge. The higher the peak velocity, the steeper the deceleration has to be, and if the deceleration is too great you get flow separation.
Bob Liebeck did a very interesting study of the
tradeoffs involved with peak velocity and maximum lift. The Stratford pressure distribution has a constant margin from separation all along its length so it is the shortest, steepest way to decelerate the flow from a given peak velocity. Therefore, the suction surface velocity profile that produces the maximum lift for a given peak velocity consists of a constant "rooftop" velocity distribution from the leading edge to the beginning of the recovery region and then a Stratford distribution from there to the trailing edge. He then looked at the tradeoff between a short, high rooftop and a long, low rooftop to find the maximum area under the curve for the greatest contribution of the suction side to maximum lift.
With regard to the mast, I don't think there's much reduction in the drag of the mast due to a change in dynamic pressure. But by reducing the peak velocity as the flow accelerates around the mast leading edge, the tendency toward separation on the back side of the peak is reduced.
2. Air passing to leeward of the jib is not what he meant. The trailing edge acts like a volume control knob for the lift on the rest of the surface. The circulation (lift = velocity * circulation) adjusts itself to match the conditions at the trailing edge. What's most important is the component of the freestream that is perpendicular to the trailing edge, because this is the component that is essentially cancelled out by the circulation. When you change the angle of attack of a surface, you are changing the perpendicular component at the trailing edge. When you deflect a flap or camber the surface, you are changing the flow component perpendicular to the trailing edge. And when you place another airfoil behind the trailing edge of the first, you change the flow component perpendicular to the trailing edge. In every case, the circulation adjusts itself to cancel out these changes at the trailing edge. As Smith shows in his article, even if you place a bluff body like a circular cylinder behind and below the trailing edge, you get an increase in lift on the surface due to the deflection of the flow at the trailing edge.
3. You've basically got it. The adverse pressure gradient is like driving on ice - if you slow down too fast, you'll break loose. From a given starting speed, you don't have to break as hard if you're only slowing down for a new speed limit, instead of coming to a complete stop. The dumping velocity is like slowing down to a less restrictive speed limit. For example, here's a Liebeck designed slotted section with its pressure distributions for a few angles of attack:
Notice now the forward section's trailing edge is at a pressure coefficient around -1.3 while that of the flap trailing edge is at a pressure coefficient of 0.6 or so. The flap boundary layer has a much lower dumping velocity than that of the main wing.
4. Yes, it not only occurs downstream of the slot, it can occur downstream of the whole airfoil.
5. Lower Reynolds numbers are not more efficient. Skin friction drag coefficients decrease with Reynolds number, so breaking the area up into smaller pieces is less efficient from this standpoint.
Breaking the chord up into searate pieces is an advantage because each piece can have more of a rooftop pressure distribution and a shorter pressure recovery region. The absolute maximum lift you could get from a given peak velocity level would be to have a rooftop pressure distribution that extended all the way to the trailing edge. Anything that cuts away at this rectangle is a loss of lift. With a multielement section, you chop off a number of corners to form the pressure recovery region for each element. But these are not as much as you have to cut away to form the pressure recovery for a single element section with the same peak velocity.
The main really does transfer lift to the jib. The combination of the two is more effective than the same area allocated to either one separately. This is true even if both of the elements are good performers in their own right.
For example, the
NACA tested a 23012 section with a 23012 used as a flap.
This figure shows the pressure distribution of the plain and flapped sections at the same lift coefficient, and at the same angle of attack. As the flap is deflected, you can see the circulation effect increasing the lift on the whole wing surface. The suction surface velocities are increased and the pressure surface velocities are decreased, showing the circulation effect. You can also see the increase in dumping velocity with increased flap deflection.