Re: 68 Starchief 120 hp mercruiser i/o questions
I too have been knocking around the idea of picking up a freebie with an I/O drive but I'd most likely be looking at converting it to an outboard boat.
My last boat with a Mercruiser 120 got a new valve job and stainless steel valves and it did fine. The original owner had been running it for years stock with no issues, but it was due for an overhaul so I took a few precautions when doing the rebuild. The original owner did say he poured a cup of marvel mystery oil in every tank, who knows, that may have helped it survive all those years. It wasn't real bad, it really didn't need an overhaul, just a good reseal and a new oil pan but since I had it out and apart, I did everything.