This is the boat I would have if I could afford it.
Ted Hood designed performance cruiser. A long list of New England yacht building traditional standards were part of the Bristol line. And the later decimals models became more and more refined, moving away from the stout yet utilitarian character of early Pearson, adding nautical charm, aesthetics, and ergonomics. Portuguese craftsmen, premium woods, hand built interiors, real teak and hollywood sole 1 1/8" thick, 3/4" bulkheads, encapsulated lead ballast, skeg hung rudders, decks and cabin top reinforced by the solid interiors, flanged deck joint through bolted, offshore hatches and port lights, bronze tapered cone seacocks, hull-fastened internal chain plates, keel stepped masts, and robust hardware and running gear. Yet fast and maneuverable.
The only issue I have re the 38.8 is the centerboard. The high keel might make her a little tender. Not a big deal I guess. Also the lifting gear and cable need to be monitored and maintained.
You will have to keep the exterior wood up, so that has to be part of the fun and beauty, otherwise it will be unpleasant.
Fantastic boat. Comfortable, good speed, stable, decent layout, modern features, well made.