When i replaced all my bunks i used a router to take about 3/4" of an inch out of the top of the board and then used bolts and lock nuts to through bolt all the boards down and fills in the excess area on top with silicone to keep water from rotting out the wood. Seems to work pretty good so far. I was in the same boat as you though with the lag bolts rusted and basically falling out of the bunks.
David
2017 Moomba Mojo Max Surf Edition, 2 Pair Wetsounds Rev10s powered by an SD2, 6 pair Wetsounds XS650M and Wetsounds XS12 powered by SD6 all controlled by a WS420. 2 Lumitec SeaBlaze X2 Spectrum underwater lights
SOLD***2008 Mobius LSV, Gravity III , Wake Plate, Z5, Exile SX65c's, Exile XM9s, Exile XI12D, Exile Javelin, Exile 30.2***SOLD