I bought an "old boat" ... "old engine"
but because the hull and grp was in such good shape thought it was worth the punt. Flogged the 1987 Evinrude on Ebay for a surprising amount, retubed from Humber for a not surprising amount (although v happy with the job) and a new Tohatsu Motor. It now stands me about 2K over his budget, but compared to 20 / 24K for an all new boat, am happy with the set up. The boat feels "new" to me, has history and new tubes and new motor all with guarantees.
I have never owned or been in a Ribeye. My judgement is coloured somewhat, due to the fact that whenever I have been on holiday in Devon and Cornwall, the people acting like complete idiots always seem to be in a Ribeye ... specifically the yachtie types overloading the boat and speeding through moorings, having children ride standing on the tubes hanging onto the A frame... etc etc . Not saying all Ribeye owners are like that ...but