Re: Need info on a 1971 Merc 800 driveshaft
Depending on the extent of the damage you find when you disassemble the gearcase, you may be better off just picking up a good used lower unit. An excellent time to upgrade to a later-style with stainless in the pump area.
Check on eBay or your local Craigslist, you'll likely find something useable.
It'd be a good idea to stick to the 2.3:1 gear ratio found in these 66 C.I. Fours, the "underdrive" gears are better matched to these motors' HP/Torque curve than would be the 2:1 gearbox found on most Inline Sixes.
The only fitment issue you're likely to find with a later-style unit is lack of a groove for the driveshaft O-ring (where the driveshaft engages the crankshaft splines). This is because the later models use a metal O-ring carrier assy pressed into the end of the crank. This takes the place of an O-ring on the driveshaft.
An easy enough fix, just grind a groove in the driveshaft, using the location of the old lower unit's O-ring groove as a guide. I've done this before using a cutoff wheel chucked-up in an electric drill motor, it doesn't take long at all to grind a proper groove.
Any 66 C.I. motor of 85, 80, and 75 HP flavor will have the correct 2.3:1 gears.
The fitment is identical between all of the above. Stainless or stainless-clad driveshafts appeared somewhere around '76 or so. In '79 the gearcase was redesigned with swept-back skeg and other nice features, these are an excellent upgrade for an older motor.
Here's one currently listed on eBay that fits the bill quite nicely and is relatively inexpensive at $199 plus shipping:
http://cgi.ebay.com/ebaymotors/Mercury-75-HP-Lower-Unit-1980s-20-Shaft_W0QQitemZ320500475224
A lot easier to bolt up a good lower than tearing the old one apart, replacing very expensive innards & having to re-shim the whole mess. Something about the Law of Diminishing Returns I reckon!
HTH.........ed