On Tue, 16 Nov 2010 07:18:49 +0700, Bruce
wrote:

Your figure for 10 - 20,000 to convert the boat is, I suspect, quite a
few dollars less then the ultimate cost. Remember, you'd need to do
something about the fish hold and rip out the big chiller system.

And then there is the "aroma" issue and all of the rusting galvanized
hardware on board.

You can make them seaworthy but very difficult to make them a yacht.
If it looks like a derelict rust bucket you will be a target for the
coast guard everywhere you go and find it difficult to get a slip at a
marina.