PROBABLY NOT MUCH YOU CAN DO
Bill: That keel of yours is likely Iron, not lead, since lead doesn't rust (I don't think!). You don't say what year your 28.5 is, but if it was built around the same time as my 31, then rust around the keel is something you almost have to live with or spend a LOT of money correcting. In the 15 years I owned TIDE (I just sold her), I had to work on the keel for the last 10 years of haulouts. Basically I would grind out all rust spots, and then prime with a product called OSPHO which chemically bonds with the rusted areas and prevents further intrusion at that spot. I then made a thick paste of (West System) epoxy and faired out those areas. After the epoxy set up I'd sand smooth and paint. It was never a permanent fix, but wasn't a big problem to deal with at each haulout either. Even my boatyard manager didn't recommend a total stripping and rebuilding of the keel. As long as your keelbolts are in good shape and the keel itself is generally sound, you are probably OK with repairs similar to those I've listed here. Good luck and smooth sailing!Tim Leighton