Keenya - While the term "blue water cruiser" is overused and exaggerated by many of today's manufacturers, the Com-Pac 35 is definitely more than a coastal cruiser. Obviously, with any boat you will get varying opinions, but I can tell you that I have personally sailed on one; I had a neighbor that left for the South Pacific on one; and CP 35s have successfully competed in the Caribbean 1500. The time I sailed on one was when I reviewed the boat for "Latitudes & Attitudes TV". If you'd like to check it out, it's on YouTube:
YouTube - Com-Pac 35 Test Sail
The CP 35 is a very rugged, well-built cruiser with conscientious attention to detail - IMHO. Plus, the Hutchins Company will customize many features such as tankage to increase range, etc. I think Camraderie's comments above are great, and can be applied to so many "blue water cruisers", new and used. Of course, you could always spend $100-200K more and get a boat with a better pedigree and sailing resume. But for the money, the CP 35 is a hell of a boat that can go just about anywhere.