Hi John,
Our boats are only a few hull numbers apart, so my opinion with my head sail might help.... I have a 135 genoa on my boat (tall rig also). Granted, my sails are original (now 14 seasons of use), so the performance is greatly compromised.... But I've always found close hauled in at least 8 knots of wind isn't bad. You need to be at least in that 8-10 range to get the boat moving. In lighter air, being close hauled is more frustrating than fun. I've always felt a larger genoa would help in lighter air. However, it's not so much the size, but the weight of the cloth, that's why I've always thought a light upwind sail would someday be what is needed (i.e. Code-0, genniker, drifter, etc....). For off the wind (broad reach), my 135 is not that good. That's why I bit the bullet and bought an Asym Spinnaker. It's basically a compromise you need to decide with the size of your genoa sail, in the points of sail you are willing to help or hurt. Also, cutting yours from a 140 to a 135/130 may not give you the ease your looking for. A 140/135 size really isn't that big.