The first 36.7 looks like a really nice boat. I think you should enjoy it. You may luck out and be able to use the chute for messing around, since the 281 had a mast hear
rig and the 36.7 is a fractional
rig, but more likely than not the 281 assym will be too small to fly properly. I would contact Beneteau and find out what is the ''J'' (hoist) measurement on the 36.7. The 281 has a ''J'' of 33''4.
Jeff