THAT pic is not a pic of a typicaly Bayliner that most of us know about. In reality, that boat looks like a decent designed and sailable boat. The bayliners that I know about in that range would have a deck another 1-2' higher and another row of windows.
I also do not recall any problems with some of the US Yacht boats built. Yes a spin off of Bayliner, that did go BK in the 80's, but a lot of BB's did that do to the recession at the time, including Cal, O'Day, Islander, Erickson etc that built nice boats.