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I sailed a 1983 Seafarer 26 for several years on LI Sound. It had a tiller, single cylinder Yanmar diesel, hank-on headsails, and a porta-potty. Only reason I sold the boat was because I moved to another state. I thought the boat sailed very nicely. I had a 150, 110, and a storm jib and could easily keep the boat moving. I had a single reef point in the main. I agree it is no racer, but never felt the boat was slow.
My only real complaint was the lack of power on the Yanmar. It did not have sufficient power to drive through headwinds or chop. In calm conditions it was fine and I could usually motor around 4 kts.
I never slept in the V-berth. I always pulled the 2 settees out and slept in the salon.
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