Cabot 36 vs Morgan 38
In my wanderings for a new boat, I came across the Morgan 382/3/4.
I read the PS review of the boat and thought it was very favorable. I also check out the owners group and found many people doing extensive offshore work with the boat, quite a few livaboards and cruisers. All were very enthusiastic (which frankly you would expect in an owners group, but still, I did seem warranted).
Having looked over quite a few 382''s and 383''s, I personally found the hull build to be quite strong and the rigging strong enough. There were several iterations of the hull build but it basically solid glass with some using coremat (I think). On my limited inspection, I though the hulls were very sound and the hull to deck joint well done for its class.
The cabin layout is pretty much ''yacht 101'' but spacious and functional. The joinery is not as finely done as most but then Morgan built this boat with price in mind and put the money in the hull not the cabin. Nothing wrong with that.
The systems and tanks are easily accessable. Which is truly terrific. One interesting note, the fuel tanks are GLASS. Over time, they have not leaked or deteriorated like many other metal ones.
The big upside to this boat is that you can find A LOT on the market, at very good prices. This means you can take your pick. It should be easy to find one that has been extensively upgraded, loved and well cared for. Also look for a boat that the owners sanded and varnished the cabin joinery (the original was oiled).
It is a strong consideration if you want a 38ft, solid glass hull boat for not a lot of money. You will probably also consider the C&C Landfall 38 and Ericson 380. Comments I have read comparing these boats is that the C&C Landfall hull to deck joint is not as good and its hull is balsa cored and that the Morgan is a much heavier boat than the Ericson ... a quality many are interested in for offshore.
You might also consider the Wauquiez Hood 38.
Hope this helps.