The name 'Pascoe' in the marine industry is a name which disserves respect. However I feel that David Pascoe's report on cored bottoms is very subjective.
The report concentrates on the failures which can happen, and not that successes other people are experiencing.
A properly designed cored structure can provide excellent specific properties (unit per kg) such as strength, stiffeness, toughness, etc etc.
This is all very well provided our quality composites are made with a quality manufacturing technique such as resin infusion or vac bagging.
Personally I wouldn't own a cored boat unless it was vac bagged or infused.
This is the 21st Century and its time the marine industry updates its manufacturing processes to suit the demands of todays products. Consolidation by hand isnt effective. We required tonnes of pressure over the whole laminate during consolidation for the duration of the cure, not a dab here and there. (1 bar = 10 tonnes/sqm)
Material science has developed somewhat with the use of PVC cores etc. Balsa is cheap and cheerful, and can rot. PVC is slightly more expensive and does not rot. It also compared in a range of density which different shear properties.
If only David Pascoe reported on the success of more suitable cores, things would seem different. Why are all the big players moving to infused, PVC hulls. Quality is the answer.