High modulus elongation building methods have been employed previously, though specifically I'm talking about more than people power or small craft. Look into the "Lord" method and you'll find high modulus, yet quite flexible, very light weight hulls of significant size (70'+) suitable for patrol boat employment. The Lord method can be scaled down for recreational uses.
Dear gawd! Not THE Lindsey Lord that Tolman chastised me for not knowing anything about? The Lord that I have two copies of his 'Naval Architecture of Planing Hulls'? That Lord that I can't understand because I can't do the maths? The Lord that I pray that by lovingly have caressed the pages thereof (I'm certain) has osmotically transferred that which my brain can't comprehend? Thank gawd you didn't say the 'Savitsky method'!
THAT Lord?
Now this, I've gotta look into...