Well, the purpose that I have read is that encapsulating the keel bolts in the bilge prevents bilge water from seeping into the joint between fiberglass and bolt. I have read in at least one of the mags that keel bolts should be protected in the bilge, as it is almost impossible on most boats to keep the bilge dry. I'd guess that the advise on what to do is more varied than for just about any boat component. I've never heard universally that they should be tightened every year, or even periodically. I've also heard that a good bond with 5200 at the keel joint would effectively keep the keel on without need for bolts at all. Honestly, I've heard and read so many different things about keel bolts, that I am effectively paralyzed about doing anything until I see an obvious need to do something. That may come at the wrong time, I realize
. I figure my time is gonna come when it's gonna come and there isn't much I can do or worry about it!
I've also read that some keel bolts aren't even SS, which doesn't make any sense at all. I think I have read that Beneteau has particularly troublesome keel bolts. Mine are definitely SS and they must be one fantastic grade of SS because they appear as if they are brand new.