Had a CD as one of my first boats. Before Robinhood took all the CD tooling up to Maine they were made in the town next door. Things that favor CD and all Carl Alberg designs are they are strong designs that were built with strength in mind by CD. Never did blue water with that boat but she saw many squalls and t storms. As said there are faster boats and boats that point better but think given construction methods CDs are most likey to be in structurally good shape for the choices you have proposed. Also given old time construction ( no liners etc.) all of the boat is accessable so upgrades/repairs and getting a good survey are easier. Believe Robinhood Marine still has the bits and pieces for that boat if you need them.