remove all old paint - consider barrior
My 2 cents. Consider coating the bottom with a blister barrier coat first. In my case, the previous owner had interlux micron csc - which I found to be a fine bottom coat. But in my search for speed, like you, I decided it was time for some VC17. I also decided I wanted to keep this boat for a long time. Since I was going to take it down to bare fiberglass anyway, why not put an anti blister barrier coat on and then the VC17. That is what I did. Maybe it is overkill in protected waters, but some boats, even at the LaCrosse Sailing club, where I sail, have experierenced blisters. It is more work and $ but if you plan to keep the boat, it may be worth it.