New member. Recently bought a 1988 17' Tournament V and have some similiar questions for you guys (not trying to hijack, but similiar stuff). Noticed the same hole in the fuel tank compartment. Also noticed the foam material the transdcuer mounts in is completely waterlogged and covered in an oily mung. Should I just try and yank this stuff out? Also, took it for first run yesterday and it seems sluggish although motor (Classic 50) runs great and at full RPM. Boat seems heavy on trailer too. I think I know where this is going, but previous owner replaced all decking and carpet and i have to wonder why he wouldn't do the foam if he was into it?? Is it possible when only doing decks and carpet to not realize foam is saturated? I noticed also the areas either side of the fuel compartment are swelled up (someone mentioned this on another post as a sign of saturated foam). I could only achieve about 22mph at 5000 rpms (once again motor and prop are solid). Does anyone know what this boat should weigh? I was thinking about taking it across a scale. I know what the motor weighs and can estimate the trailer. Does that speed seem right? I had the Guide 16 with a 50 Hp and it would travel in the low 30's and was much more nimble. Doesn't seem like these should weigh that much different. The boat is super clean and the classic 50 is in great shape, but I'm not sure if I'm up for the task of tearing out all of the decks and boxes. How hard is this really?? Is it worth it?? Any help and recommendations are greatly appreciated.