Bad news is it has to be fixed!
Good news, after it is fixed you will feel like you have a brand new boat!
There is much comfort in not having to wonder if the transom is good, but knowing it is good! Each time you fix or repair something you will have that much more confidence and pride in your boat.
Don't let it deter you from fixing it right, the first time! Take your time, research each project, and ask for all the free advice we can give you!
Along with many others, I would have never tackled some of my own projects without other members help and advice on how to's along with their helpful pictures to show me how!
This is a great place to be! And a great group of people on it!!
Good luck and keep sending pics!!
Tommy