Art,You have made a wise choice in the 42. We bought Camelot in 1990, 3 cabin model and lived aboard for almost 3 years. We also plan to escape in about 2005, but to go down the west coast to Mexico for several years.As far as making her a livaboard, we took the port aft stateroom and turned it into a closet. We added refergeration and heat, but that was about the size of it. My list for cruising is different. Watermaker. Additional fuel tank. Genset. Redundant auto pilot systems. As far as rigging is concerned. I want a baby stay with running back stays to allow me to hank on a smaller head sail. I will also be adding addtional reef points on the main. The list goes on and on. I would like to keep in touch with you as our plans seem to be nearly the same. My e-mail address is camelot@jps.netAnother good source of information is from the C-42 national association. There are several articles that are in their web page with reference to a boat that went through a complete retrofit to go cruising last year. The list is more extensive than I plan to do, but there are some good ideas.Good luch to you in making your plans come true.Bob Teeter