Wow--that's interesting, guys. When I removed the coamings they all had some sort of weather stripping glued to them. Sort of a flat, 1/2" piece of white, syntheitic rubber with a wider bead on one side. The previous owner had glued these to the back, making elaborate cuts in order to get the stripping to adhere to some of the curves and bends the coamings make as they stay in contact with the rail (especially towards the terminal point where they meet the cuddy). I had been wondering if I should replace them with something similar, but having read what Greenlake has observed I wonder if it is necessary. Did the boat originally come with any sort of "gasket" between wood and fiberglass? KC--do you feel the caulk adds a bit of cushion, or is your reasoning purely based on keeping water out? Any idea how easily the 3M product will release when (and if) you ever need to refinish?
I was talking to a friend this evening about this and how I have obsessed over every step. If this was an antique door frame, it would have been stripped, sanded, and refinished a LONG time ago. I find the emotional fear that goes with this reassuring that the process is meaningful.