I just bought a '73 Hobie 16 that needs some TLC. It is in suprisingly solid shape(solid hulls, no soft spots or delamination), however there are lots of little nicks on the gelcoat, little chips all along the rear of the rudders, and the undercoating has seen better days.

Should I try and strip all the bottom coat off before painting it? Is it worth it in your experiences? Should I bother fixing all the little chips in the gelcoat and fiberglass while I'm at it? Any particular brands work better for fillers, bottom coating, etc.?

I appreciate any insight to these kinds of repairs, or even directions to websites that have this kind of repair information. Thanks, andrew