If you are absolutely sure you have blisters and are certain you wish to repair and barrier coat, some comments.
I had my bottom 'peeled' (see below), blister repaired (not sure if I really had any to speak of - 1972 DCMY), barrier coated with Interlux Interprotect 2000 'epoxy' barrier coat, and repainted. I closely inspect annually and have seen no evidence of any blisters. They did NOT repair my keel, which was dinged up bit over the years. Extra cost I guess and not the best yard IMHO, although a Hatt dealer.
I think it cost $8k (43') and if I had it to do again, I might have tried to do it myself, but that was in my early my days of ownership and I was 'throwing money' at the boat.
I really like the Interlux 2000, because if I see evidence that it has worn away, it is very easy to re-apply and builds fast, yet has a very long pot life, making it easy to work with. For me, it can get worn away where debris floating down in the river lodges between the hull and dock and rubs on the hull. Also, I am converting to Interlux VC-17 (laborious process!), and they now have a barrier coat to apply under VC-17.
Means to strip all old bottom paint includes:
> Sand blasting- fairly fast, but allow only very experience party to do it, as 10 seconds inattention can burrow into the hull causing damage...which then must be repaired and who knows if it will be as good. Plus, do you think they will tell you if they had such as issue?
> Soda Blasting dry- effective and less invasive than sand blasting.
> Soda Blasting wet- not as effective, as really well bonded paint will not be removed. Sanding may be required.
> 'Peeling'- I wonder how effective this is, because the peeling machine requires a nice clear area to allow the peeling blades to have nice clear area to get at the hull. There are posts that question if this method reduces hull strength, since some of the gel coat is stripped off.
> Pure old brute force (on part of yard hand) hand sanding via power sanding. Haven't heard this method being used much, if at all.
Good site for blister work description and outtake:
http://www.zahnisers.com/repair/blister/blister1.htm
The West System people are based here in MI. Here is their blister site:
http://www.westsystem.com/ss/repairing-individual-and-early-stage-gelcoat-blisters/
Peeling Description:
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We now use a tool that has become commonly known as a Peeler. It cuts the gelcoat and laminate off like an electric planer. It is a hand held tool that can take off measured thickness plus or minus .010". The hull after laminate removal is left quite smooth, requiring only moderate sanding. The cutting tool is a much cleaner operation in comparison with grinding and sandblasting, both for the boat and interior as well as for the environment. The removed fiberglass is captured beneath the boat in a water slurry, strained and disposed of safely. The advent of the modern "peeler" tool was the final piece in the repair puzzle and revolutionized the repair process. It made it possible to remove laminate precisely and translate the information determined in the PROFILE into a repair reality.
The peeler crew carefully works to specifications established in the Profile, uniformly removing the deteriorated laminate. Following peeling, areas that could not be reached by the peeler are taken down by hand with grinders. .
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Finally, if you choose to do it, if at all possible, arrange to be brought in after all the old paint has been removed, so the yard can '...show you the blister's ...(sorry, not the money- they get that!). Then get called back, to show the repairs, before its painted. They could also show you the state of the hull moisture, by applying their moisture meter while you are there.
If you arrange to be brought in during the process it give you a frame of reference as to where your $15k is going and where it was needed. Also, if you have any through-hull leaks, even the smallest, have them re-bedded, while the hull drying, or after it is dry, but before the stripping.
My long 2CW...