Andy,

It depends on what you are going to do with the boat, dry sail or wet sail. Since you are taking off the old bottom paint I would assume dry sail. If that is the case then I would suggest a two part epoxy paint. I did this to Exocet by just rolling it on with a sponge type roller. Then I spent many, many hours with a long board getting it smooth as glass. Then buff it out and it will last a long time.

If you are wet sailing it then you will probably want something much better for anti-fouling. I believe "Light n Up" used some new technology stuff on their bottom last year. Depending on were you live (i.e.- not in California) then you can probably have a lot more options. I forget the name of what they used but hopefully they will chime in.

I had the graphite stuff on the bottom of Opus when I first bought her and when wet sanded smooth it worked just fine for dry sailing.

Hope this helps.

-Jason

-btw - what boat do you own?

:: Years ago I used an a graphite impregnated epoxy barrier
:: coat on a daysailor. It was a pretty standard product
:: from West system or similar. It was supposed to be
:: slippery but I cant vouch for it.