Ramona said..
Round bilge is much prettier! The only downside to the design as a cruiser for me is the exposed cockpit. I prefer to sit in a cockpit with a good backrest. Seat has to be long enough to stretch out and sleep on as well. Vanguard would be the perfect racer/cruiser but not for my sort of sailing. I thought about it long and hard about 5 years ago when she was for sale previously.
I am a fan of the way Vanguard is built (3 layer triple diagonal west system) super strong and light, had a 18' canoe, and sailed a few dinghy's built that way, but I can't see myself living and sailing this boat up and down the east coast with the layout of the cockpit, but it would be a good boat for racing for sure, but not for my sort of sailing.