[bradford]

If I were in your shoes I would concentrate on getting her seaworthy. It's no fun working on something you can't enjoy using. Does she float?, does the engine run?, will the trailer get ya down the road to the local ramp and back? Just about everything I saw was cosmetic, and half of that was stuff you could take off and throw away. Once it's gone you don't have to fix it! There's no limit on how much money you can sink into a boat, but I would think that for a little money, and a lot elbow grease you could have a decent ride. Every single thing you end up doing someone else on this site has already done so you can learn from their experience.

Go buy some sandpaper.