Absolutely, vinyl covered wood is a good option. I suggest PT
Gratuitous Plug !! I got a steal on the Starboard back in 2007.
I instantly thought of the tackle trays, not realizing exactly what wellcraftv20step was referring to. I got you now. I still need to make some tool holders and under gunnel rod holders for the V. It is kinda plain jane at the moment and without storage for gaff, deck brush, dive flag etc.