Sail magazine just did an article about keels, damages, and keel bolt degradation thru corrosion. I have no idea how good their article is but after reading their article, I would be concerned about the rust you have at those cracks. The article seems to indicate it is a concern regarding the keel bolts.
One of the things that surprised me when reading the article is their comments that most keel bolts in the bilge are encapsulated in resin. Mine are SS and it is obvious that they have never been encapsulated. They are as shiny as can be, but they are subject to moisture almost all of the time, even through the winter. I only find comfort in the knowledge that the water is always fresh water, not salt water, although the boat was in salt water in the past.
Going back to your photo, it appears that water weeps from the cracks and the water carries stains from corrosion. Do you have a lead keel or iron keel ... I think that may make a difference. Sailboatdata indicates your boat has an iron keel. So this may indicated that you just have some minor corrosion from the keel through cracks in the paint ... not nearly as worrisome as rusting bolts. Keel failures seem to be pretty rare so it is not likely that you should have much concern.
I don't think you should uncover the keel bolts until there is convincing evidence that corroding bolts is even an issue.
Mine is lead, and if I ever had any sign of water leakage or rust-staining outside the keel at the joint with the stub, I would be concerned.