Regulars here would know that our old boat is steel, that we have just moved up in size and this time we've gone glass.
The first thing that strikes me about your proposed purchase is the age. I frankly do not think I would ever consider a 30 year old steeler. Seems to me you are asking for a world of pain. I admit she looks like she has been well looked after, at least from the pics.
Ultimately it does come down to an issue of maintenance. Steel is, without doubt labour intensive. No getting around it.
From a performance perspective at around 42' the weight disadvantage is going to dissipate but even so you will lose a knot or so compared to a similar boat in GRP and while yes Osmosis can be a problem in glass boats it is not an ongoing maintenance issue, as such.
We bought our old girl despite the fact she was steel and we loved her dearly. A desire for a bit more space down below was about the only reason we moved on. The VDS34 happened to be a design I have always admired so I was happy to go metal but I seriously doubt I would ever go steel again.
Final point, steel can often be a very economical alternative to glass providing you are in for the long term as you will of course get less when you eventually do sell.
“Give a man a fire and he's warm for a day, but set fire to him and he's warm for the rest of his life.” Terry Pratchett
Last edited by tdw; 08-01-2011 at 05:29 PM.