I'm redecking my 24' pontoon boat with 3/4" marine grade AB pt / kiln dried plywood.On the top side I'm putting Marideck vinyl using MD 101 adhesive.I have though of painting the bottom with a latex deck paint to keep out moisture and ward off fungus etc.Some think it's a good idea but others say no,wood has to breathe and that paint the bottom will trap moist inside the wood.Opinions are OK but I would like something based on facts as to the real facts.