I have a 1975 pearson 26w with a cast Iron keel and galvanized keel bolts The bilge is always dry the bolts do not leak they never did in the 13 years Ive owned the boat. There is no rust. upon haul out at the end of the season the joint between the hull and keel is tight My philosophy has always been, If it ain`t broke don`t fix it. Any opinions?