It goes without saying that you have to choose carefully, just as you would with any boat. And, having looked into the matter, I maintain that you can find them for less than a similarly aged cruising boat. You can also drive a hard bargain frequently, since there seems to be a smaller market for out of date racing boats. Even if it is a bit worn, it is still a good way for a neophyte to find out what he's going to do once he actually owns a boat without spending a lot of money on it. There's an excellent chance that family participation rates and other factors will change once the boat is in the water with the new owner's name on it and money going out the companionway.