What color is your boat?
If it's white, you're in luck because matching white gel is fairly easy. And actually, most of the time you don't 'match' white you blend the repairs to trick the eye. I have never seen a boat of any kind that needs a complete re-gel other than for a color change. The beauty of gel is that you can sand out the oxidation, buff and you can get it to look as good as new. So if you can blend the repairs, then buff the entire hull it's much easier.
Paint is waaaay less durable than gel, and the first time on the sand or trailer it will chip and scratch. A-class cats are usually painted to keep the weight down, but they don't touch sand or trailers, and they usually use Awlgrip, which is a very special, and therefore expensive type of paint.
Gelcoat is cheap and durable and I suggest using it if possible.
If your boat is blue or yellow or any other color than white, I don't have any suggestions other than try to match the existing gel.
This boat was 're-gelled'. It took about 2 weeks of weekends and after work time and around $300. Those two punks sailing it did all of te work in a converted container/ shop. I have some pics somewhere of an A-class we just repainted. Materials alone were around $600 and it took serious skill to get it right- complete job was around $3000