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81 Catalina 38 '''' Sparkman Stevens
Are you saying its a Cal38 or a Catalina 38. I reeally don''t know anything about the Cal38?
As far as the original Catalina 38''s, it''s considered a bit more of a racing type in its heritage as compared to other Catalina''s. Its relatively fast as compared to other Catalinas also. I have heard, on a run down wind with some seas running it can be a bit "squirley" and a little more to handle with a short handed crew than a heavy type boat. As for Blue Water - That is a whole debate in itself, and I guess its how you define Blue Water. But suffice it to say the Catalina 38 has probably one of the best reputations of the Catalina out there, but remember these boats are getting older, so a good survey is in always in order.
Go here for some info and contact info http://www.catalina38.org/