help!! my rudder is freaking me out!!

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bay idyll

ok, i've heard the horror stories about seidelmann rudders. now my s34 is out of the water and i'm seeing the bottom for the first time. the rudder appears to hang lower than the shoal draft keel. that alone is scary for obvious reasons. also, there is about 2.5 inches of the stainless steel rudder post visible between the hull and the rudder. is this the way it should be? if not, how do i fix it?
 
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