I have stripped two hulls with peel away. A lot of work, but much easier than conventional strippers. You can get 5 gals at home depot for half of what they charge at West Marine. I did a 20' grady and a 28 ft Penn Yan.
As someone else mentioned above, it will burn if you get it on your skin. The kits come with special paper that expensive when you need more. I used wax paper and that worked fine.
There is also a new process that is supposed to work well. It is sandblasting with baking soda. If you want to talk my experience with peel away, send me a pm.
good luck,
john
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