Andy
A personal view here – please forgive me if it looks like I'm having a pop at you because I'm not. I am trying to broaden this out to make a more general point:
The hull was designed to be made from balsa, not plywood. It is never advisable to change one of Mr Guest's designs without a very good reason and, as you probably suspect, you haven't come up with one. He does read this forum, you know! Please don't take this as a criticism of you but IMHO too many people take a look at a perfectly sound design and decide that it isn't strong enough – like they somehow know better than the guy who not only designed the thing but has also built and sailed at least one more than they have. The question to ask is "strong enough for what"? If your total list comprises of head-on collisions with the bank or other models then just add strength to reinforce the bit that might be damaged that way i.e. add a hardwood stem strip. On a balsa hull I would do that anyway as a matter of course.
Take my word as someone who has designed one or two models and follow the instructions. They were written for a purpose. If you find on sailing the model that the entire hull somehow isn't strong enough then consider adding some localised reinforcement inside e.g. glassfibre and resin. If the design is top-heavy then be sure not to exceed the material sizes for the superstructure. Add a little ballast if necessary – you can always remove it later whereas you can't remove weight from a hull which was over-engineered in the first place.
The days when all model boats were powered by thumping 2-stroke diesel or glowplug motors are over. Modern electric motors are totally smooth-running so thick materials for the hull to absorb the vibrations are no longer necessary and we can build lighter, faster and therefore cheaper. If the problem is that other models frequently collide with yours then either pay more attention to where your model is in relation to others or go and find somewhere else to sail. GG himself has written a short piece in the latest issue of MB headed "Sail like you drive". It's worth reading.
Soap box back under the bench. Good luck with Vivace!
Dave M