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We've seen Venturing work in Crew 12. It has helped keep all of our older Scouts stay active and challenged. Heck, we have 3 guys that are heading to college this fall, and plan to stay active. How many Troops can say that?
When all else fails, read the book. I got my hands on the book. Watch out!
http://www.scouting.org/Venturing.aspx