And to be boringly realistic: The Taipan 5.7 is alrady a very fast boat, and for us there is much more to be gained from practising sailing it than rebuilding it.
Isn't that they way it usually is.. <img src="http://www.catsailor.com/forums/images/graemlins/smile.gif" alt="" />
But seriously, if you are mostly underpowered when sailing, upgrading the mast might be fun.
Now when Geir Magnus is in Trondhjem most of the year, an F-16 might be a better investment for you (shameless plug)