I also had the chance to take a few pictures, including a close up of the name before I got rid of it. It took a good half hour to remove it from both sides and the transom, but with good use of a hot air paint-stripper and some thinners, all is gone (obviously I took the pictures before this - my tired hands were in no state to hold a camera afterwards). It looks quite good, and it's quite hard to see where the name ever was.
We've come up with a list of what should be done with the boat:
New rollers for the trailer - The current ones are damaged and mishaped
New cover - Both one for the engine and boat, as at the moment, the cover is slightly too small
New steering wheel - The current one is badly rusted
New rear seats - Rather than simply re-covering the rear seats, it's probably better to make new ones. I'm undecided yet as to whether I want a bench seat or to keep the two rear seats idea
Fix the engine trim/tilt - This is more one for Dad than me, as I have no idea. But yeah, it needs fixing
Weld trailer - A few bits that need re-welding. Again one for Dad
Paint trailer - Including a good amount of rust treatment
New dash/side panels - Rather than recovering the current ones (the wood is a little rotten), it's probably best we make new ones from marine ply. I'm currently in two minds as to whether I would like to cover this or just varnish the wood
Speedometer - Hasn't got one at the minute
New speakers - Being a bit of an audio engineer, the current poor quality, one speaker set up offends me quite a lot
New stereo - This is only a maybe, as I sort of like the radio cassette. It reminds me of my first car, in a retro-tastic kind of way