I've been kicking around this idea for low profile padeyes. The idea of having padeyes sticking up from the deck is unappealing to me for wet reentry as well as esthetics.. This may not be an original idea, who knows... Here goes. Drill two holes approximately 1/2 to 3/4 inch apart in the standard padeye position. Pass some surgical tubing slightly larger that the shock cord used to cover the hatches down and then back up through the holes. Flip the deck over and create a form around the loop of surgical tubing. Fill the form made out of tape or a dixy cup (help me out here) full of reinforced resin. Allow to cure and then pull the surgical tubing out. This will leave a waterproof channel through which the line can be run.. Clean, simple and sharp looking. Pretty sure thats what I'm going to do even though i have already drilled 10 one inch holes through my deck for my last great idea. OOps

Happy sanding!