Pulled my "new" DS1 out of the water Sunday- got 4 days on it, enough to figure out what needs to be done.
I just started the strip-down on the boat last night- got everything out of it, and tested the stripper (fiberglass-safe) on a few spots to see what we're dealing with. At least 3 layers of paint on the hull- blue house paint, blue shiny, and a blue-gray matte layer that's probably primer. All comes off relatively easy, so there's that. Deck is a couple layers of white- top was originally putty colored. If I could think of a companion boat, I'd restore it to the putty, name it "IBM," and find a boat that could be a Mac.
Pulled 1/2 the rub rail off- it's toast, very hard and brittle. Was hoping to salvage it, but no, it'll have to be replaced. The flange it mounts on, looks to be in decent shape, if a little dried out and flaky in a couple of places. I think a layer of tape and new epoxy all the way around is in order.
My planned order of attack is strip off all the hardware and wood over the next few days. I ordered the inspection ports to redo the flotation tanks (about 10 gallons of water came out of the bow tank when I pulled the plug), so when those come in I'll cut the holes and pull out the old foam (if there is any), which should lighten the load by over 100 pounds (if other's estimates are correct). I'll order fiberglass materials today, if those come in I'll redo the flange, then flip the boat over and strip and paint the hull and reinforce the cuddy roof, and pull and examine the centerboard. Flip her back over, and do the inside (hopefully just sand and paint).
By the time I'm all done, ought to be just in time to put her away for the winter. Of 2010. Pictures to come, eventually.