FWIW, the 311 has a rear mast light that mounts right between the grab bars at the rear of the engine hatch. I ran a bunch at night and while it may have required you to put your hand up to shield your vision from the light if looking back, it wasn't that big of a deal (we're in go-fast boats; how often is someone overtaking us?

). I never found it to be a problem as far as overpowering my cockpit or forward vision.
Also FWIW, think of what the minimum lighting is that you need to determine direction. All you have to see is red or green to know you are within the forward 180 degree arc; if you see white with a color then you're within the 180 arc on either side; if all you see is white then you're somewhere behind. I know when I'm running at night, the last thing I'm looking for is a white light over a color; I'm just looking for color.