I'm in the club of "let's go sailing!!!". There is a LOT of things to be done for that boat, but 90% of it is cosmetic. What *I* would do is give it a good cleaning (the pressurewasher idea is a good one - you'll be AMAZED at the difference!), then concentrate on what needs to be done to get her sailing. Things like:
- keel: you'll need to drop it to have a look at it, make sure the pivot bolt is in good shape and get the winch cable attached and working. I'd probably do some glasswork where the pivot bolt goes through the centerboard box just to strengthen it up a bit.
- mast: hard to kill aluminum! Clean it up, get the halyards working, check the shrouds, especially the tabs where they attach to the mast.
- mast step and chainplates: make sure they're servicable and repair as needed.
- running rigging: easiest/best to just buy new halyards, sheets, docklines... also check pulleys, etc. and replace if needed.
- sails: You'll need new sails eventually, but just to get her out on the water the ones it came with will probably do.
- Electronics: GPS and VHF (Sounder is good especially if you're going to anchor)
- Safety Equipment: check Coast Guard requirements and make sure you have at least the minimum.
- Engine: buy a decent used one - 6 - 7.5 hp is plenty.
First time you drop her in the water, be prepared to bring her back on the trailer if there's a problem. Sit at a dock for a few hours and make sure there's no leaks, she sits properly in the water (check the waterline), the keel goes up and down properly, etc. Then... take her out for a sail!
druid