My previous
boat was a wooden 1937 gaff rigged
ketch. I had her in
Malaysia for many years and many times contemplated sheathing the hull to protect from toredos.
If you sheath the hull you will accelerate the destruction of the
boat. You may get ten years out of the hull, maybe more, but even if they do a stellar job with Monel staples and perfect glass
work what you are doing is adding a rigid shell to a non rigid material. The hull will not flex the way it was designed to and generally the points the planks are scarfed into the rabbit joint along the
keel, stem and stern will wear. The frames as they enter the
keel will wear as well. It is also a one way trip. It is usually done when one decides that they are not going to do a restore on a boat that may need something time consuming and expensive and have made the decision that all they want is a couple more good years. If that is where you are with the boat then by all means do so.
Regarding putting
epoxy in the seams, there is no faster way to destroy a carvel planked boat besides leaving it
on the hard and in the rain. The seams are designed to be compressed when the
wood swells if you put a rigid material like epoxy in here the wood attempts to swell and ends up doing terrible things like loosing fasteners, breaking frames, and just generally screwing up the place.
The only way to have long term success is to "pay you dues" and re pay and caulk the seams. Some other bad
advice that can go around is to use 5200 or other "glue like" substance. This will work but then it is there for good and will tear the wood out in the future when you try to replace it.
The wood boat forum would be a better places for this question...