OK, to make up for my flippant first post:
There's a couple of ways to convert the old style upper rudder castings to an adjustable type. You can get the conversion kit from a Hobie dealer, or you can drill out the rivet in the upper casting, make the hole oblong, then replace the rivet with a stainless steel bolt. Pat Bisesi has done this (pbisesi on this forum) and can give you a better idea of how to do it.
Here's a cut-away diagram of the new style castings to give you an idea of the geometry involved:
Other things noticed on your boat:
No jib halyard tension - the luff of the jib is very loose. The wire in the jib replaces the forestay when sailing. The forestay should be loose.
What's with the bundle of line at the jib tack? Here's how the jib tack should look:
Notice the jib is tacked with the pin of the shackle; that gives you a little extra sheeting room when you're carrying more mast rake. The second adjuster lengthens the forestay; the shock cord takes up the slack.
The jib halyard should be cleated on the port side; the main halyard on the starboard - you've got them reversed. The jib halyard has a 3:1 purchase at the base of the mast (that's what the block on the mast is for, just below the cleat).
Like Skipshot said, you need a downhaul line (to keep the goosneck in the mast track at the very least) and to remove the mast step pin before sailing.
On the front crossbar, you've got an extra set of swivel cleats that would probably be best used for the jib sheet (lose the old, stock cleats in the tracks and get the plastic Tren-Tec cars). The jib sheet will work much better (up to uncleat) and you'll get more sheeting room.
The trapeze adjustments are really high. You should be able to touch the sidebar with the dogbone. A small block (pulley) attached to the end of the trap wire will make them work much better.
The jib traveller line should be a smaller diameter - it will work a lot better (high-quality line is very inexpensive these days).
You've got the remnants of a shroud lengthening system (for righting) attached to your shroud. That should come off if you're not using it.
There are a few other things, but these will make the boat easier to sail.