I posted this March 8th 2010
Lets see $3500 for boat $800 for survey $10,000 for materials, 3 years labor, ???? yard fees, unknown problems. Final value $8,000/10,000. You better love it. This is NOT a glass boat. When you get done you start over. TAKE YOUR HIT AND RUN!!!!
60 years of boating here. Wood, steel, fiberglass, aluminum. First boat was a freezer liner. 3 Chris Crafts and an Owens before I learned my lesson.
A planked Pacemaker is the ultimate in required maintenance. Especially if you have to pull them every winter.
It's too bad he had to go thru the process with the bummer result.