Multi-step process
If you want a nice efficient surface, FWIW my suggestions are: 1. Sand the keel lightly to remove any high spurs 2. Make a batch of West System (or smiliar product) and paint on the keel. 3. Mix up a batch of West System w/ filler and a broad knife, ie plastic drywall knife, spread the mixture on the entire keel to fill the pits, gouges, and low spots. 4. Repeat step 3 as necessary 5. Sand the keel smooth. 6. With along straight edge verify you have a "flat" keel from top to bottom, if you have a low spot, go back to step 2 and 3 and fill the low spot. 7. Fair the keel back into the hull. 8. Paint a coat of Interlux Vinyl Luster on the keel 9. Paint 6 coats on Interlux 2000e Interprotect on the keel.10. Lightly sand the 2000e to smooth out.11. Apply you bottom anti fouling paint. This is the process we used and have had good results. The first year, we took "shortcuts" and skipped the vinyl Luster and did not build up the 2000e to the recommended thickness. At the end of the season, the 2000e and VC-17 were worn off the the keel and colonies of Zebra Mussels claimed squaters right on the lower half of the keel. It seems like a lot of work, but it is really only a couple of days. After going methodically through the process, the VC-17 remained on the keel and no Zebra Mussels.