We owned a Cape Dory in the late 80's through 90's. It was 10 to 20 years old at that period, and had many of the same cracks in the gel coat. I think Judy is right, CD's gel coat was extra thick and that just happened (I've head this from other CD experts as well).
I wouldn't worry too much about it except to know you could sand and fill the worst ones and go on to painting the boat.
Hard to believe but next year, 1980 sailboats will be 40 years old! You guys with 80's boats, your boats are old!!! When did that happen?
For years I've seen many that have spent days compounding and waxing old chalky gelcoat hulls only to end up in denial,... and still with old chalky gelcoat hulls.
Take age in stride: It can be liberating to paint aged out gel coat that has long ago given up the ghost. You can now paint your way to a new boat. Do a lot of work and get many years out of it - or do a sufficient amount of work and get several years.
Your choice. But you can have the newest looking 80's fiberglass boat in the yard, as often as you want, for less work than you think.
My fiberglass hull will by 59 years old next season.
It's time to paint the topsides again. I do it every 3 - 4years with one part. My daughter and I rolled and tipped the 38' topsides 3 seasons ago in about 5 hours (I did about 6 hours prep prior to this). I could spend more time and $$ for a longer finish but with my sloppy docking and general abuse, this fits the bill for us.
We'd like to see a 'new' Typhoon posted here, next spring.