Vertical / rudder area on our stunters: Does it even matter? On one hand there's the Skyray 35 with what seems (to me at least) to have a large surface area for the vertical surface in proportion to the fuselage. Then on the other hand there's the Genesis, with what seems to have almost no vertical area. (OK, OK, I know it has some area; it's just not tall).
My real question: Say I'm building a model such as the Skyray. Could I cut-down the size of the vertical without adverse effect? I see some repaired models (presumably landed inverted) where the owner just cuts-off the damage to the vertical and presses on. So what's the real deal? 
You are perhaps missing the fact that the rest of the fuselage is pretty small. A Genesis, scaled down to Skyray size, is probably just about as stable. That's because even though there is no explicit fin/rudder, the nose is pretty small, and the area behind the CG is substantial due to the deep fuselage, and dorsal fin. The Skyray has a huge canopy, a very small fuselage, and a pretty good-sized fin.
It probably won't hurt anything to reduce it a bit, but I would mostly leave it alone, or reshape it to make it look better.
What you can't tolerate is much if any rudder offset, DO NOT use the offset shown on the plans.
Brett