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On the old Alacrity site are a few pictures of "Bellissimo" the boat a guy named Oskar keeps on lake Balaton in Hungary. I just recieved an email from him where he tells me about the complete refit he has recently completed. He has uploaded more than 70 pictures to the yahoo-group documenting it, but here is some sort of summary.
As lake Balaton is quite shallow the probably most important change was that he cut 15cm off his boat's keels.
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He also repainted the boat white.
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The interior does look nice and fresh as well.
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The boat also got a new name: Sail-Face, which is a play with the Hungarian word "szélfész", meaning a gale.