Um, no, that is bad. Really bad. You shouldn't be able, by one man's strength, bend the keel anywhere that you could actually measure it with a ruler. You should, instead, be able to wiggle the whole boat a little in the blocking.
And the hull should NOT 'oil-can' anywhere near the keel attachment area. Many builders deliberately beef-up the laminations here. On my H25 I added backing plates to the keel bolts and bonded them permanently to the hull. I also rebedded the bunk fronts (structural to the hull) and main bulkhead and provided joists for the cabin sole as well. After the keel was rebedded with 5200, and before I had tightened all the keel-bolt nuts, the yard moved the boat and the keel did not fall off. That's 5200 for you.
I also realized, after a great deal of debate, that the purpose of the fiberglass around the keel/hull joint is to keel the 5200 from flexing more than it would without it. It will be adequately rigid and yet still flex out of necessity, and the fiberglass/lead joint will always need attention, but after the boat has been sitting a whole winter out of the water it should need only a bit of 5200 filling or even nothing at all.
BTW-- I got my boat as a 'derelict' because the keel/hull joint was leaking after having been redone by an amateur with the wrong 'caulk'. As a boatbuilder by trade I say 5200 is the ONLY acceptable compound for this application.