Sounds like Red is chomping at the bit to go nuts on it.
I've been looking for one of these hulls for several years to put a Mercruiser I/O in with a small block Chevy. I have actually been looking for a CVX 20 Jet hull, I really like those lines, but this little baby has an almost identical hull, and it's in perfect condition, it's strait, clean, not one scratch or ding. The fellow we bought the boat from has already put a new floor in it, added foam, and he said the stringers were hard, but he didn't stop up the little drain hole in the sump at the back of the floor and water is trapped up under the floor, so we got to lift the floor up, take out the foam he put in there, put the floor back in and pour the Secure Set foam, it's a Lot more rigid and impervious to water, thats what I put in Jerry's boat, and that baby is solid as a Rock.
Here's the plan, I already have a 5.7 vortec, it's done been to the machine shop, Mercruiser exhaust manifolds, thermostat housing, all the hoses, a Alpha One transom assy and drive with 1.32 gear ratio, XD t/t rams and pump, thru-hull exhaust, and you guy's just Ain't gonna believe what else I got for this little project, it's top secret for the moment, we'll let that cat out of the bag when we get pic's.