Interesting boat and I like the underwater profile. I'm sure others would hate it, but everyone has their own opinion.
The two things that would concern me are the rather large windows on the pilot house and the small ballast to displacement
My boat has large windows on the raised salon
so it I have to deal with it as well, although not as large as the one on this boat.. You'd definetly need some storm covers for them.
As far as the B/D ratio, that may make for some very tender
sailing and not much stability depending on the size of the mast
and her sail area.
But she's cute. You have to like old wooden boats.
Edit: I just saw that she's 10 feet wide, so she might not be as tender
as I first thought. Stability might still be an issue if she ever turned turtle.