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I raced this fall on a Pearson 365 ketch that had been brought back from the dead to bristol condition. A bit different than what you're looking at, I guess, but close. It was a great boat - but had a bit of a spongy helm. I don't know if that's common with Pearsons (or ketches) or not.
Here's a write-up of that race with lots of pics of the boat:
Harvest Moon Regatta 2011
With the money being a factor, I'd lean toward the Hunter as well - not knowing all the design/build details of the two. I'm actually becoming a fan of Hunters.
Last edited by smackdaddy; 02-03-2012 at 12:16 PM.