Re: no line on mercury flywheel
I have a 68 Merc 500 (in addition to my 65) that had it's flywheel altered by a previous owner. Neither the white dot or line were correct. All i did was remove the No.1 cylinder's spark plug and verify that the arrow of the distributor pulley is pointing at the crankshaft (center of flywheel), when the No.1 piston is at TDC. It was. I made a new mark on the flywheel. Then I painted new dots on the flywheel opposite the TDC timing mark on the front support cowling timing sticker. Worked just fine.
If your unsure, just recheck the No.1 piston to see if it's at TDC when the distributor pulley arrow is pointing at the center of the flywheel. Ignore those three white dots at first.
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1970 Glastron V-142 SkiFlite
1965 Mercury Keikenhaufer 500 50 HP
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