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I think you have to define what is a "wet boat"? 150# of water in an 18 Outrage where you have a light boat, but a high HP engine is different than having 150# of water in a hull that should be only 250# I could have closed up the 13 and gone boating but that would have defeated the purpose of a project boat i can learn repairs on. For what I want to use the boat for, it really would have been fine, running in the creek or bass/snakehead fishing. As for schedule, there is always something getting in the way, especially if you actually have a boat you can use so you go out fishing rather than work on the project.

I would personally worry less about the foam around your gas tank and more about making sure that all the screw holes were filled and the glass was solid where it is exposed to water. On my 18, there were several screw holes for the tank cover that had cracked the gelcoat/fiberglass and were allowing water into the hull. I found the exit point when i first got the boat, and found the entry point under the tank cover when i replaced the engine in 2007. There was also a very thin section of glass/gelcoat in the rigging tunnel right where the starboard access tunnel meets the main rigging tunnel. I can look for after photo's but i just repaired any suspect areas with marine-tex.