The Merit 245 is a nice performing boat and would seem a good buy at that kind of money. Once you are comfortable with handling her, buy yourself a new hitech 150% and try out the local PHRF fleet.
The 150 I have now isn't Dacron, but I don't know what its made out of. Someone told me it might be mylar. Its mostly with what looks like to me to be a clear laminate over the "weave". Only real problem is finding places to race down there. But currently, I have no slip fees, so that's hard to beat.
[quote]$1200 for an '84 Merit 25? Damn. I thought I got a good deal sounds like a fun boat[/qoute]
Oh she needed some work when I bought her, and still does, but I'm holding out until the winter to do the rest.