Cosmetics aside, hanging the motor would be about all she needs to splash. Currently has Johnson controls. New steering cable, new rod holders, new bow and anchor lights. Trailer has new u-bolts, winch, bearings, springs, wheels, tires, and lights. Also boat has new fuel lines and I cleaned out the tanks about 2 years ago.
Trailer could use some brand new bearing buddies. It has buddies on it but I don't like them very well.
Cosmetically, she needs a good scrubbing. The floor has some of the normal cracking in the gelcoat especially around the corner of the floor hatches. Something you see on all of the 70's models.
Very classy looking lines on the older V-20's - I think everyone here would agree! I removed the bow rail - it was pitted and falling apart.
That's about it. Here are some pics:
Here she is before the transom work. I had a 140hp johnson on her. This was also before I had seats.

These next 2 pics were before I did anything to it:
Sorry, I don't have any pictures of the trailer work I did.