Please note the presence of foam under and on the side of the engine stringers. That foam is present only from when it was use for forming the stringers, and served no purpose, as soon as the stringers resin set up, as I understand it.
Regarding the balsa coring, if it gets out of control, it will be evident by "soft spots". It is quite hard, as long as it is not rotted. I just went crazy last year and did most of my Flying Bridge. Sorry, but if you own one of these Hatt's for 20 years, decisions are not rational, but emotional- oh, you knew that? The PO had removed and glassed over the hatch to the bridge. Grrr #1. He had his truck Mechanics (he owned a trucking firm) do the work and I found different piece of crap wood, under the fiberglas Grrr #2.
I removed all the bad coring and replaced with Coosa Board- non-rotting and used on commercial fishing boats, among other types of boats. Very solid now. Best its ever been!