G'Day Borealis,
Haven't been on a
Cal 29 for many years, but I'm sure that you will have a lot more fun sailing her than your
ferro ketch. Not wanting to stir the ferrals against the world pot, but the
Cal is an all around good
boat, responsive and well mannered.
If the bulkhead
rot is in an area stressed by the chainplates, a careful
restoration is in order. If not, then cosmetics will do. Around the
companionway, again if the rot weakens the companionway structure, fix it right. But those are reasonable
repairs to undertake with modest skill levels, and should bring you some satisfaction when done.
Enjoy her!
Cheers,
Jim