There are two 37 foot C&C models, the early 1980''s C&C 37 and the later 37+ which you sometimes see listed a 39 footer. I assume that you are talking about the early 1980''s era 37. These have always struck me as a nice boat that offered reasonable performance and nice lines
. They have a simple yet workable interior layout that is very similar to the layout on my own boat but executed with a slightly higher level of finish on the C&C.
I personally am not a big fan of thier small mainsail big jib rig
proportions but that was the predominant rig
during that era and so is typical of boats in that size and price range.
While I do not have any specific information on how the C&C 37 of that era was constructed, the C&C boats of that era and general size that I gave been on board have felt quite solid and have seemed to have held up very well and still look pretty good. A year ago last spring I was aboard an C&C 35 from this general era in the early 1980''s and I was very impressed with how well that boat had held up. I knew that boat and had sailed on it when it was new and so knew that it had been sailed hard in its early life and so was favorably impressed with how it had held up.
I guess the answer here depends on your planned use of the boat. If I were looking for a boat for the kind of moderate to light winds typical of coastal cruising in the Mid-Atlantic and Southeast US coasts I would want the C&C 37 over the Morgan by a long shot. If occasional runs to the Bahamas or offshore are in your plans, I would lean towards a shoal draft or keel/Cb version of the C&C 37. Lastly if I were looking for a liveaboard with more frequent offshore work, and speed was not as important, I would go with the Morgan 38.