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Yes, Tim, that's the idea. I believe the factory provided such a set-up (a T-headed bolt) on many versions of the N/N/G16s. I have a page from a Newport version that shows such a device. I have expanded the notion a bit to have the tee bolt welded to the center of a larger piece of stainless to provide a stronger anchor for the actual bolt. Perhaps a 1/2" or 3/4" bolt would be better. I suppose one could drill into the side of the centerboard trunk with the keel down and go into the keel itself as a way of insuring that there would be a really positive engagement...
I suppose that if the boat turns turtle, the whole enterprise would be rather exciting.
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