As a steel boat owner The things I don't like about steel are:-
1) The designs are mostly older style. Boracay has long overhangs. When using the dinghy
I'd love a sugar scoop stern. Swimming off the boat is almost out of the question. The equivalent Oceanis
to Boracay has almost 6 ft more of waterline length. We have a draft
of 2m (6'6"), most equivalent fibreglass boats are 5'6" or less.
2) Maintenance seems never ending. There's more both in and out of the water
3) Most steel boats are amateur built. They're more difficult to sail and equipment
often often ends up being installed in a less than perfect place. The builder
may have made construction choices that could be better.
4) The framing reduces the interior
5) Those stunning wood interiors of the better fibreglass boats are very time consuming to achieve.
All the above said I'd love an Oceanis
423 or similar. I'd just have to pay three times what Boracay has cost.