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All these issues with wet cores (plywood or balsa) seem to be a good reason, if one can avoid it, not to buy an older boat where you know some of the fixture holes will have leaked. It seems like it turns a "bargain" into a nightmare. You spend lots of hours, money, stress to try to fix the problem, and for most of us, it would look horrible when we finish. Maybe, smaller/newer vs. older/larger boat when shopping for a boat would make sense to minimize these problems.
That said, why do the manuafacturers continue to use plywood and balsa? In the old days, the alternatives were few, but today there are lots of "none deteriorating in presence of water" alternatives. Most foams don't seem to behorribly expensive.
Also, unless it's too bad, maybe the solution is don't worry about it. You bought a boat with some problems, use it and enjoy it. The core problems will get worse and you'll have to discount the boat a bit more when you sell it (owning boats also always is a costly situation).
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