I bought my first boat this month. It has a 1995 merc 30/40 hp, auto start, tiller. The guy who sold it to me bought it as a 30, said he upgraded it to a 40 hp by changing out the carb. The engine runs ok in idle, a little jerky instead of smooth, but when I get up on plane it runs good but cuts out every 5 seconds or so, the boat slows down then picks right back up to speed. Sometimes its more frequent than every 5 sec, other times its less. So I thought maybe fuel prob, but I am getting good fuel into carbuerator, which was just rebuilt 2x in 5/06 and 11/06 (according to the previous owner) so doesn't seem to be the problem. The top spark plug had a little oil on it when I removed it, the bottom plug was completely oiled up indicating a rich mixture. Anybody have some ideas where to start troubleshooting? Is there something in converting up from a 30 hp besides just tossing on a new carb that might be causing this? Thanks in advance for replies.