Sorry it's been such a long time since I posted - it's time for an update.
Cleaning the hull took a LOT of time and patience, especially removing the Stockholm tar [see Picture 1], which I did with chisels, chipping out the thick stuff and holding them nearly vertical like a scraper to remove most of the rest [2]. A wire brush in the Dremel flexible shaft took out the last hard-to-get-at bits (but I left the area where the saloon is going to go). I then sanded the outside with a Dremel flap-wheel sander.
There were gaps (up to 3mm) between the planks and the planks on either side of the keel had warped out of line with the rest of the hull. I tried soaking and steaming the wood to see if I could get it back into shape but in the end I profiled some 1" pieces of timber to fit across the bottom, screwed them to the keel and then screwed the planks to them from the outside with small brass screws sunk below the surface [3]. This will also support the floor and replace the broken rib. Then I filled all the gaps and screwholes with Brummer waterproof stopping, mixing a couple of colours together to get the best match that I could. I discovered that the hull is made of two different timbers - some sort of pine above the waterline, and oak below [4]. Has anyone come across this before? I wonder if there's any advantage over all oak planking (other than price!).
Then I fitted a sealed propellor shaft and a propellor. Finally I treated the inside and out with one thin and one thick coat of epoxy [5]. I'm not too displeased with the result - it has really brought out the wood tones (although it is a bit shiny!).
During this (lengthy) process I thought it over and decided to recreate a saloon launch - as near as possible to the original that I remember. But rather than being a pristine new build, I will aim to make something that looks as though it has a history (as indeed it does) - an elderly well-cared-for but slightly scruffy launch that has perhaps seen better days but has acquired some character in the process.
The next task was to re-fit the original rudder. It had previously had a tiller and the rudder tube came to the top of the deck, but I wanted a wheel so the shaft had to be shortened and made waterproof. So I filed grooves in the shaft and fitted O-rings [6], with plenty of silicone grease between them in the tube, and it seems to be waterproof (the bottom of the rudder tube is above the waterline anyway). Then I fitted the shaft with horns for the servo, and more horns for cables to the wheel (which will be side-mounted).
Then I acquired a steam plant Research showed it was from a Krick launch and was made by Wilesco. I restored it and fitted it to the hull, really to get a bit of experience with steam. It ran well and the valve gear looked great.
See
http://www.flickr.com/photos/42425168@N07/3913514498/I found it could propel the hull through the water quite well (though my pond is very small so it couldn't go far!). However I decided to sell it and put the money towards a better boiler and engine (it had no pressure gauge and a very clunky water gauge, and I think it would be better treated as a toy). It sold on Ebay for MUCH more than I expected. Now I have a very nice Maccsteam boiler, which I've clad and painted [7].
I've just taken delivery of a Graham TVR1A kit from the USA which I now have to build. I'll post again when I've made more progress.
Queston - Could this thread be moved to the Steam section which will be more relevant?