I went across and looked at her today. I will not be making an offer.
This one was completely rebuilt by the current owner, to an acceptable but not exceptional degree of care. The entire boat would require a thorough scrubbing and re-painting, and most of the interior would require re-finishing (including the building over covers and cabinets and such). The wiring and plumbing were both functional but not impressive or particularly fail-safe, and since I'm least competent at fixing those, they rank highest (along with the engine) on my priorities list. I'd rather have stuff that I trust will work for a while, rather than stuff that I'll have to tinker with every other week.
However, it was a very pleasant trip out to the island where it's moored, and the owners fed me a delicious lunch of crab trapped that morning. Hard to complain about that!
As SailingFool states, I can probably get a much better (possibly more modern) boat for that money. Live and learn.
Mate - S/V Passing Cloud, Victoria, BC