No good reason???!!!!!!!
I take this to mean that there are alternatives today that didn't exist 30-some years ago.
Sure! I *could* spend untold dollars to change out a perfectly good system simply to update to new standards...but why?
I really do appreciate all the input; but throwing money at every issue is not an answer that I'm prepared to consider. I'm attempting to get on the water at the least possible (safe) price point. Other than replacing poor condition running rigging, [at this point in time] it seems everything else is in good shape. While I'd like..and may eventually end up replacing items, to upgrade and improve sailability, adding umptey-ump dollars worth of unnecessary goods and labor to an inexpensive boat would be foolish, as well as financially imprudent.