If the through hulls are mushroom shaped then maybe? Mine are all flush and adding a fairing would increase drag not decrease it.Great input. Thanks. The topic comes up because the boat is out of the water and getting a bottom job. I enjoy all the technical stuff and the science that goes into the sport. One interesting thing I came across is the practice of fairing the through hulls. This is to use filler to build up a tear-drop shape fairing around each through hull kind of like wheel pants on a sporty airplane. Anyone out there done this?
As for fairing the most important areas are forward. The goal is to maintain smooth laminar flow across the hull surface. Once the flow gets detached it pretty much stays detached, so water around the sail drive, strut, or other fittings will be disturbed and the water behind those structures will be turbulent, fairing won't be as important.
To be clear, I'm referring to a reasonable bottom profile and by rough or unfair, I'm thinking of the kind of stipple you get from using a roller to apply bottom paint and a few minor imperfections in the hull surface, not a hull that has lots of growth or layers of old flaking bottom paint.