Problem: My 1969 P33, with it's deck stepped mast and compression post has a "blob" of something supporting the post, i.e.; between the post and hull. Over the years this "blob" has squished some and it is now time to fix the problem. Both the deck and compression post are in good shape. What needs done is raising the post and replacing the material under it, which I should be able to handle. A local yard estimates between $1500 and $2000 to do the job. Having two months available this spring, I can think of other things to spend that money on.Question: Has anyone else experienced this problem? What material is this "blob" made from? What could be used to replace it which would handle the pressure.Thanks for any and all help... JR