I have been in the process of cleaning up an Y-25MKII and I have stumbled onto a potential problem. I was working on grinding the rust spots out of the keel and noticed that the area below where the propeller shaft passes through the hull was peeling apart quite badly. I slowly ground into it, looking for the end of the cracking and peeling. I evenutally got to the point where water seemed to start dripping from the bilge and there were still cracks and deterioration. It appears as though the problem runs up to and around the area where the prop passes the hull.The question is, has anybody ever dealt with repairs of this part of the boat? If so, what approach did you take?