I just bought this fo the same reason. Replacing the keel, rudder, sails, all lines and deck hardware and re-engineering the interior with carbon. And yea, those are my plans on the front page with the bag of weed.
Here's how it works. Take the biggest boat you've done bow on and your age at the time. I did bow on an 80-footer at 50. That gives me a foredeck factor of 130. Can anyone beat that?
I wonder if this guy's doing a "Crowhurst". He could be sitting on a beach somewhere with a bong, a frying pan and a donkey sending in fake reports. Just a thought.