Here we are re-stepping the mast in July 2010. This was a milestone, signifying (nearly) the end of a lengthy and expensive process of repairs and upgrades. I was not planning to re-do the whole mast, but it needed desperately to be done. It turned out beautifully. Would I do it all over again? Maybe not, I do not know. I can confidently say I am pretty well "upside down" in the boat. am much more invested in her now than I will ever realize in resale value (should I ever choose to sell). I believe that is not uncommon for boats, especially old ones like the Red Devil. Guess I'm in it for the long haul, now...for the good of it...for the love of it...time to start thinking about the next project. Probably a hatch cover repair.