Erik, the transom reinforcing plate on that Bonanza screams "I need a new transom". If you're going to sink that kind of time and money into it, do yourself a favor and get a SeaCraft. (Seafari's Rule!)
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Common Sense is learning from your mistakes. Wisdom is learning from the other guy's mistakes.
Fr. Frank says:
Jesus liked fishing, too. He even walked on water to get to the boat!
Currently without a SeaCraft 
(2) Pompano 12' fishing kayaks
'73 Cobia 18' prototype "Casting Skiff", 70hp Mercury
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