Hey Joe, where you goin with that gun in your hand...
Oh, sorry, got caught up in some Hendrix there. Let me try again...
Hey Joe, I admire your ambition to take on such a project. First off, I agree that a thousand is too much to pay for a sunken early 70's V20. Me personally, I wouldn't buy one because I wouldn't want to have to go into the floor. Transom, maybe, floor - not me man.
All of the advice the others gave, I agree with. Just don't buy a 2001 V21 for $35,000 and I think you'll be ok. We all hate euro-transom they put on that model cause it takes up so much cockpit space.
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you guys seem to have a lot of experience you bring to the table
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The difference is that this is a specialty site whereas CTfisherman is a catch-all. These guys know their V20's inside and out!
It's no different than finding the right girl - ride on as many as you can and then pick the best one ;D