Welcome and congratulations! This board is full of people who have rehabilitated old Hobies so you are in the right place. Your first decision is how far you want to go. If you are just looking for a solid daysail boat then stick to used parts. New stuff is great but it gets really expensive. Look on ebay or put up a classified posting here and/or beachcats.com with a list of what you need. There are a lot of old hobie 16 parts boats out there.
No trampoline - If you can't find a used one. SLO or Tampa are probably your best bet for $200-300. Hobie tramps are the best by far but they are going to cost you a lot of subway sandwiches.
halyards are crusty - The Main halyard is probably the one thing you need to buy new from Hobie. They are about $60-70. You can easily replace wire jib halyard with a piece of wire rope from West Marine for less than $20. My West Marine has a swage tool they will let you use in the store so you don't have to buy one.
no main/jib/downhaul blocks. - These are on ebay all the time - a good Harken 6:1 setup will set you back $150-200 used but is probably worth the $. [edit] here's one for sale:
viewtopic.php?f=7&t=49364The sails are crisp and useable. - This is good news. Sails are the most expensive thing to replace.
Sail numbers need to be removed. - Why???
I have a comp-tip mast with abrasions and visible glass strands at the top. - Just sand it smooth and paint it with some epoxy paint. As long as it's not cracked it should be ok. If it is, comptips with minor damage can be repaired fairly easily. Post some pics and get some advice on what to do.
Rudder cam tabs are broken - You need to replace these with new ones. Drill out the old pins and add sister screws so they are easy to chance in the future Take out the spring and clean them too. Use this kit -
http://sailsportmarine.com/index.php?ma ... 029b7c02e0 $30
missing the rudder yoke. No gooseneck/boom pin on the boom. - ebay
Plastic rudders have signs of wear and need painted. Depending on what they are made of you might be able to clean them. Try boat cleaner and fine steel wool
The hulls are solid. No soft spots. Hairline cracks on decks from tie-down straps. - Ok, I don't want to be a bring down, but hairline cracks on the deck are a tell tale sign of a softspot created by tie-down straps (don't use them across the hull, ever) If the deck has any flex at all, do this soon -
viewtopic.php?t=1156 It's cheap and easy and will save you some headache down the road.
The mast is straight with small amount of water inside. - This is something you need to fix. Your mast MUST be watertight or you will have big problems if you flip. Figure out where it is leaking (dunk in a pool or the lake and look for bubbles) and seal it up. It's probably just a loose rivet or two. If so just drill it out an replace it. Make sure you use a skirt in the inside of the rivet or it will not be watertight.
You need to replace all your standing rigging if you want a safe boat. Salty Dog and Murray's have good prices on rigging kits. $120-150
Don't buy rope from the big box HW store. It's expensive (for crap rope), it's not durable, and it will tear your hands up. There are many good retailer on the internet that sell good quality line for reasonable prices. - Here are the specs you need -
http://www.hcana.hobieclass.com/site/ho ... engths.htmMy wife is watching me like a hawk on the budget. Honestly, getting this back on the water will probably set you back $1000. It will be worth every penny when you are done.
Good Luck!