Bilge/keel construction
There is no gasket between the deadwood and keel. The bilge is constructed of glass mat and resin, and below it is deadwood, through which the keel is bolted. Question: how widespread is the flexing that you are noticing? Is it a spot or the entire bilge? Has the bilge been painted or coated with resin by a prior owner? Many Cat 30s develop a crack at the forward section of the keel where it joins the hull. This crack is often called a "smile". Water can enter at this point, and cause rot to occur in the deadwood. This usually occurrs on boats older than yours.Also, it sounds like your boat has spent the majority of winters on the hard. That's a plus. Do you have a blister problem?It's possible you've got some delamination in the bilge. Rapping on the keel bolts with a hammer should result in a clean ringing sound. That would indicate the condition of the bolts/dead wood is probably ok.The only other check is to drill through the bilge into the deadwood several inches, and see what you extract from below. The wood should look good, not black or rotted.If its delamination in the bilge, I'd call Frank Butler and talk with him. 818-884-7700.