This is correct, the Kevlar was only in a couple of areas, none really structural, and used for advertising purposes, just like the new " Carbon Fiber" Ranger where the Carbon Fiber is only in the underside of the deck lids and a couple of other non structure areas and none in the hull. Pure marketing purposes to attract money from customers who only read the advertising brochures.
Carbon fiber is around $ 10.00 - $ 20.00 a pound, roughly 5 - 10 x the cost of glass mat. To build a carbon fiber hull would run around 15 - 25 K up and above a normal glass hull.