Hello DeRog, I also thought the orange cones might be a way of keeping the setup nice and simple. The only drag back I could see was that the attachment rope hanging over the side of the boat may mark the side of the hull. A couple of ideas to get around this was to use multiple cones with attachment points. Maybe have only one or two cones per attachment point. At each attachment point, have a fender attached (like what you do so a dinghy can come along side) then connect the cone (or cones) to the bottom of a fender.
The reason I haven't pursued this course of action is because I can,t get my head arourd the fact that my keel must also act a like flopper stopper. These cones are going to be attracted at about the same distance from my point of rotation as my keel is and if the surface area of the keel, which is so much more, hasn't solved the problem, why would a few cones. Unless I kept adding cones until they finally did eventually subdue the motion. Having something attached to the end of the boom, which could be 3 times further from the point of rotation, would only need to be a third of the size. Plus the distance of travel of the device would also be greater and thus have more time to take effect.
It would be really great to hear from someone who has tried these cones as everything I just wrote is speculation