Re: My 1972 65 hp died while running.
At this point, I suspect a bad powerpack. The applicable test to troubleshoot the powerpack, is to use a neon test light on each of the primary ignition leads. They are the leads that go from the #1, #2 and #3 terminals (top three, left side of powerpack, facing it), to the ignition coils.
The manual calls for use of an OMC neon test light, but few people have them anymore. I've never used the type that you can buy at a hardware store, but I would assume that one would work.
The procedure is to attach/touch the "hot" lead of the neon test light to each of the primary ignition terminals, one at a time, while grounding the other lead. You crank the engine as you do this. If you don't get a light, or get an intermittent light, the circuit in the powerpack is bad. If you get a faint light, it is weak. A strong, steady light indicates that the powerpack is OK.
Edit: I forgot tomention that you must disconnect each of the primary ignition leads from their respective terminals, before doing this test. Mark the leads (1,2,3), so you know where to reinstall them.