Thanks for the thoughts. Your situation is exactly what I'm afraid of, but oh well, its to late now, I just bought the boat.
I've been waiting a long time to get into sailing and I'll keep optimistic - until proven otherwise, and probably beyond.... - that its not going to happen to me.
Included in the buy is 6 months free docking. I'll spend the rest of the summer to clean up the boat, service the motor (Unfortunately its not the Yanmar diesel but a 9.9. Nissan outboard), replace running rigging and generally just be happy with the boat.
Come winter I'll have her pulled and then i'll know more about the bottom.
Here's to first boat optimism
What issue do you have with your boat's keel? I know i'll be dead if I get to the $30K mark, although I'm sure my wife already sees that number in the not too distant future...