Re: Is this clearcoat peeling or what?
No..I think what Bond-O is suggesting is sand/prep and Spray over everything with a solid color and be done with it..
Has this boat been resprayed before that you can tell ( look for tape lines ).
Its hard to say from your pic..but any failing paint must be removed.
At this point you need to see how much is just " coming off " and determine if you should just repaint the whole thing instead of " patch spraying " .
YD.