Mast rake is independent of forestay tightness, but it takes some adjustment to get everything set up just right.
On all cats that I know (fractional sloop rigged ) the real forstay tension is provided by the main sheet at sail time (the stays are only there to hold the boat together so you can sail it
)
I agree with Flaco, you need to experiment to get the boat sailing just the way you feel most comfortable with. I prefer for it to just track straight and not round up much, if at all. A mono will round up faster because of its shape and the effect of heel so don't expect the exact same kind of trim from a cat.
A vertical mast can generate slightly more power, that may be the reason the PO had it trimmed that way. Provided you have enough flotation in the bows to counter balance the (bow depressing) effect this could be fine (depends on boat and loading/crew). At any effect the boat should not fall off if you let go of the tiller, that plain sounds wrong!
Here's how to adjust it:
First set the forestay length to give you max mast rake, see how far you can go. then tighten the shrouds so much that the mast rotation still works properly (jiggle it by hand). If you can now no longer tighten them then ease off the forestay until you can.
Then go sailing, if you like what you feel, then stick with it, otherwise adjust and repeat.