You've got that right! Amazing deal. Mine was a total mess and derelict on the hard and I paid $9300 and now have ten times that invested in it. Whoever got it can get it ready for cruising in a year or so of hard work and some new equipment, e.g. new engine, upgraded electronics, electrical plumbing, deck work, and perhaps sail repairs. Had this boat been available in 2005 I would have jumped on it like ticks on a hound dog! Hope he or she joins the group so we can follow the rehab. -Tom Koehl