I think the tow hook should be turned 180. The hook part should be facing forward.
It was originally installed that way. But didn't make sense to me. Are you suppose to hook the rope to just that center peg?
The way I intend to use it is to loop the rope around the whole thing and then pull the rope loop inside and hook over the center peg. hard to explain..
What do you mean by transom wedge?
That sounds better than what I did, I painted the edges in gelcoat, and made sure to caulk everything well. Hope it lasts