Canvas is great for hiding minor imperfections in many production canoes, and the white lead fillers that were used originally were great as an all purpose rot inhibitors. The part that was the biggest issue for me was the rapid wicking of moisture in the back of the canvas (and subsequent weight gain), a problem that is much reduced with Dacron. I have had slightly longer active exposure to the various canoe materials than Todd; but for me the starting reduction in weight, and lack of deterioration with moisture, become sweeter over time with my dacron covered canoes. I posted a routine for dacron covering (a number of years ago on this forum) which over time has proven tougher than any other covering I have come across. The only breach of the fabric was caused by a highway guard rail, and that was repaired by dinnertime. If you are trying to do a restoration, I can understand the desire to do everything with original formulations, it doesn't mean there aren't better materials out there.