Re: Bolt on Keel
Jeff, your points are well made (as always), but in fairness to the encapsulated keel folks there are some perceived advantages:
1) You don't have to worry about keel bolts - and we have all seen some awful bolts in our time!
2) In general, the bilge stays dryer.
3) No risk of a "catalina smile" which many bolt-ons suffer from.
(and yeah, less risk of the keel falling off - although the odds of this happening in a well-maintained boat are miniscule, so it has never worried me; but encapsulation makes the Admiral feel more confident!)
The downsides you articulated well.