We've owned one for 1.5 years.
So we aren't as well qualified to respond as others, but heres our two cents anyway. ;^)The boat sails well, but will heel over to 20 degrees in 15 knots winds from abeam. At that level, weather helm can be rather intense which can be deminished by reducing sail, and/or moving the traveler leeward. As a result of our experience last year, earlier this year I tuned the standing rigging. This has allowed the sails to be set flatter, and we've noticed that the boat sails more efficiently (doesn't heel as much as last year).With regard to boat hardware, be sure the thru-hull fittings are not gate-valves and that they're made of bronze. The bilges are rather shallow, but on our boat they stay relatively dry (which is good). The bilge in the v-berth is not connected to the other bilges, but it too is almost always dry. The nice part about it is that if the speed or depth transducer ever fails, they can be taken out (while the boat is in the water) and the water in that bilge will not get into the main cabin. The down-side is you'll need to (hand) pump it out.The engine is a three cylinder Yanmar, which is nearly bullet-proof. Ours starts right up and runs flawlessly. It has sputtered to a stop, but only because the secondary fuel filter got clogged, or a fuel pump fitting vibrated loose. In both cases, after spending a little time purging the fuel lines of air, it started up as if nothing had occured.The only negative I have about the boat has to do with the windows. I've replaced three so far, and it appears two more will need to be replaced in the off-season.Overall, we like our boat and think we made a smart buy. However, we paid considerably less than the price you mentioned. I guess we were lucky to find a well-kept 19 year old boat whose owners decided their sailing days were over. ;^)~ Happy sails to you ~ _/) ~