Mick,
Since the bends on the 17LT are so gentle, I think that practicing the layout will work fine with even cheap non-marine plywood, let alone the cheap marine that you mention. But I don't think you have to go ahead and build a full scrap boat, even if you've never done any woodworking before.
If you just get good at the following skills, the rest will be relatively easy and come to you while building
1. Reading plans. If you don't know what you're building you can't build it. You don't need any plywood for this.
2. Accurately transferring dimensions. You don't need any wood for this, either. Any flat surface will do. Just compare what you've done to the plans.
3. Cutting wood with a hand saw. This one only needs small pieces of scrap at first. When you're comfortable with cutting small pieces, try a large one. Think of this as practicing scales on the piano. Remember also that you don't need to cut to the exact final dimensions. You can alsway cut a bit large, then sand, rasp, grind, plane (or whatever your favorite wood remover is) down to the line.
4. Drilling holes. Should be very quick, mostly just getting used to the drill itself. The actual drilling is easy.
5, Cutting scarf joints. This is the advanced piano exercise analog. Mummichog's advice to use good wood here is spot on. This is going to be the most important if you're building a varnished boat. If you're going to paint your boat, epoxy and fiberglass will still let you get all the strength you need, even with an ugly joint.
In my mind these are the critical woodworking skills that it would make sense to practice beforehand.
As far as the epoxy skills go, I'd wait til the actual build, as Mummichog suggests. Until the epoxy cures, you can always pull off the cloth, scoop out the fillets, etc. so the worst that will happen is that you use more material. I'd suggest buying half again as much as you need (if the budget allows) in case you have to do something over. You can always use the extra for repairs later.
If you haven't already done so, read over the CLC Shop Tips. Lots of good info there.
Have fun,
Laszlo