Hey Travis
Here is what I do, it works for me but some others
Brad has a bit different technique so it kind of depends on your "feel"
For me as soon as everyone is hiking and you are starting to get overpowered I cleat the traveler in the middle and don't touch it. I just play the mainsheet. I can drive to this in pretty much any sea state. If it is really short and bumpy I might move the traveler up to the windward foot chalk to get more twist just depends on how I think the boat feels. For me the jib luff gets tightened so the wrinkles are just gone and we never move lead, unless again the waves are short and steep, then my crew have been moving them forward a hole to keep the foot powered up. Now if you do this you have to ease the jib sheet about 3/4" from your normal upwind mark. That opens the top of the leech up again. I have found this to be really fast.
Again it depends on how you like to have the boat feel going through the water. I also drive a lot less then most people I bet, I kid of pick the heel angle that I want and just lock in and trim to that angle. Seems fast but I am not sure many people would like how it makes the boat/helm feel.
Good luck and let me know if I (can) helped.
Cheers
Tac