From what I found, in 1977 the uscg started requiring floatation on boats less than 20ft in length, stern drives only require basic floatation vs level floatation. My boat is registered as 20ft but by my measurements it is a few inches under. So I guess foam will go back in.
It still has the original foam up in the cuddy and I think what I'm leaning towards doing when I redo the stringers is adding a bulkhead 12 to 15 inches in front of the transom and another one 6ft ahead of the first. That will leave an air space next to the transom that will drain into the bilge and another space at the front of the deck under the seats. I'll put inspection plates in the deck over these non foamed areas.
My intention is to keep potentially wet foam away from the transom even though it won't be wood and in the front it will allow access to through bolt the seat post bases. There would be 6ft of foam on each side that I estimate to be 9 cubic ft(18 cubic ft total) and also the entire deck is probably going to be 2" XPS foam with 2 or 3 layers of 1708 on each side. Stringers will be 2" XPS with 2 layers 1708 and 2 layers 1808 alternating. 1808, 1708, 1808, 1708. Motor mounts will be similar, XPS but 6 layers of 1708 and 1808 and a laminated block of GP03 under the laminate for the lag bolts on the motor mounts. Need to get better measurements but something like 4" tall by 6" long.
For now, I'm still digging foam...