Re: 1970 chrysler 120hp no reverse
Understand that on all lower units, the pinion gear constantly turns both the forward gear and the reverse gear at the same time in opposite directions. That 2 piece lower unit has a bronze bushing inside the reverse gear hub, riding on the shaft. The shaft itself carries the gear. It is not uncommon for there to be enough drag on that bushing to turn the shaft with no load on the prop. I think you will find that in the water, the prop will turn very much slower, if at all. The newer 1 piece lower units do not have that bushing but instead, have a gap between the gear hub and the shaft. The gear is carried in two separate bearings--not the shaft. They usually don't spin the prop, and if they do it at all, it is very much slower.
Now, I don't remember my engine years well, but if you have a points ignition with what looks like a regular auto coil sitting up near the top of the engine on the bypass side, then you use regular plugs. That ignition only puts out about 10,000 volts. .040 with that ignition will be a bit wide --as you put age on the plugs they may tend to misfire. .030 might be better, but go with whatever works for you. If you have the Motorola Magna Power ignition--It will be a large, black, finned aluminum box-- then you use L20V plugs and there is no gap to set. These are surface gap plugs and need the 20-30,000 volts the Magna Power puts out. Champion changed the numbering system and these plugs now have a three digit number. I forget what it is.