Like others have said, I would spend a couple extra $$ on PT wood for the bunks. They should last much longer than standard 2x4's.
Regarding the tail lights, they are fine where they are. The PWC on my trailer overhangs the lights by a couple feet, never had an problems. Just keep in mind that if your boat overhangs the end of the trailer substantially, hang a red flag on the back just to be safe.
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Getting ready for winter!
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