Nomad Willy, the CPS statement is funny.
I am going to bring back up an older thread. Its really good reading. But it does take a certain mindset to own a wooden boat, old or new, not withstanding the knowledge of how to take care of one. This includes knowing what you are looking at in any restored one as it ages.
But in the modern age and the new construction methods, you can actually have a new wooden cored boat that's just as easy to take care of as any fiberglass hull of the same size. This comes after years of dealing with both types. Building a new wooden cored boat these days and done correctly, you can save tons of weight, which transfers to savings on fuel especially for planning hulls. As it relates to foam cored boats, they are noisy and are not even in the same grade.
And lastly your ride is more comfortable, period, even at displacement speeds, IMO. With an interior built with favorable cedars, saving weight and properly maintained, all of your clothes continue to smell nice over the years to boot.