Thanks guys, you just helped me make up my mind. I'll go ahead and repaint it since I already removed all the hardware. I'll make it cosmetically perfect and then I'll sell it. I figure its only labor and with 4 guys working on it we'll have it done in a week or 2. As far as the delamination goes, I checked it over twice today and none was evident. There is some surface cracking on the gelcoat but nothing really too bad.
The next decision is on what to get my hands on. Ideally I would like a full keel bluewater cruiser/liveaboard hull no more than 36'. I want something I can feel confident in WAY offshore but I still want to be able to singlehand it.
I don't mind buying one in need of some cosmetic restoration but nothing structural. Is it crazy to think that I can find something like this for under 50K?