I hear you on the foam Charlie. The reasons why I put it back in, reluctantly, was that one on boats 20' and under it is required by Coast Guard regs (even though that applies to the manufacturer, not an owner) but I didn't want to worry about any liability if anything ever happened. Then I emailed Four Winns and asked if the foam was used for structural reasons as well as floatation, and they dicated that it was. So I felt if I didn't put it back in the boat might flex too much and then I'd worry about that! So the best I could do was seal up any screw holes well and throw out the carpet and use the durabak. At least water won't sit on top of it and never evaporate like before.
And I coated all wood with 2 coats of CPES. Good luch with the repair.
IF YOU USE CPES YOU MUST, MUST USE FUME RESPIRATOR!!!
I'm not kidding, that stuff is loaded with carrier solvents that stink like you would not believe. Regular epoxy does not smell near as much. I used a fume respirator, goggles, gloves and a couple of tyvec suits. Try to apply it in the open air if you can, if it is an attached garage it will stink your house up.