I agonized over this for quite a while. One of the first things that struck me after turning the boat over was that it actually looked quite pretty, the combination of the dark mahagony structural members against the light colour of the plywood.
For a start I cleaned up all the little plastic nails that were sticking out on the inside. Did this with a combination of the oscillating saw with a blade and then followed up again with a sanding pad.
From there I gave the inside two coats of the penetrating epoxy to seal it. It stayed like that for quite a while while I started building all the deck framing. I should really have painted it first as the deck framing made painting a bit awkward in places.
The deck framing s fun to do, it was a nice change to get away from painting, which I am not that geat at and get back to wood working, which I am not much better at, but enjoy a whole lot more. So the above two shots are with the framing in place, but still a lot of tidy up work to be done.
It was at this point I decided I couldn't put off painting any more and so started to research what others had done. One of the surprising things I found is a lot of people use "Garage floor" paint. The reasoning is that its hard wearing, used to dealing with water, much cheaper than marine paint, and almost none of the hull interior will be visible when its finished.
So I found a suplier here in NZ of a "water bourne" 2 part epoxy. It came in various colours including clear but in the end I settled for "battleship grey". It was great stuff to work with, mixed pot life is about 3 hours, its can be brushed, rolled or sprayed, covers easily, had to be a little careful not to apply to thick or it did run.
I started of brush coating it, which as fine but VERY VERY slow, getting into all the surfaces took for ever so I decide to investigate spraying it. I ended up buy a cheap HVLP spray system ($NZ50). HVLP is high volume, low presure. It worked really well, absolutely no paint mist in the air, no overspray, didn't mask anything out, and super quick. Took a couple of sessions to get the technique sorted but after that I could cover large areas in a matter of minutes. Really impressed with the spray system, especially considering it was so cheap. I'll update the tools pages with details of it soon.
So I ended up applying 2 coats.