It takes some stones to tackle a project like this. Looks like you are on the right track. These older DD with open bows ride and drive like any boat costing 3x the $. BOAT- buying all the little things (not to mention long blocks) put a true meaning to break out another thousand...
I did a 1994 PS 205 in similar condition. Complete gut job. I got factory skins through Jim and BAWS, banged them on myself. I sold it with the arrival the kids, was a said day as it meant a whole being out in what you dreamed. The guys on this site are unselfish, knowledgable and helped out along the way.