Re: here goes nothing...i'm gonna try replacing the back of my starcraft
There are several things to consider with this type of repair, the first is that there is a sealer in between that multi-riveted seam around the transom, second, is that you will most likely not be able to duplicate that original bond working by hand.
With the hole being so close to the edge, your concern will be in how much damage a repair will do to the rivet seam.
If it were mine, I'd probably opt for a welded patch over that area, then once the support is reattached and the hole patched, then deal with any possible heat damage to the seam with a few good heavy coats of gluvit and several coats of paint to protect the repair.
If the hole didn't involve an inner brace and the proximity of the rivet seam, I'd consider an epoxy repair but that inner knee brace is what tranfers engine torque to the hull and supports the transom, so any repair there must be pretty durable.
Once the repair is made and proven watertight, you could then make the outer transom more cosmetically correct with some marine filler and paint if you so choose.