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Everyone mentions bedding the keel, but I'd be more concerned about sealing the joint to prevent seawater from getting to the bolts and the threads, like it obviously did in the past. It doen't look like this keel dropped any. It looks more like a rough casting, or a casting corroded away somewhat. I just had my keel blasted down to white metal and it was amazingly rough and had a ton of filler to make it fair. I'm now in the process of putting all that filler back.
Gary H. Lucas
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