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Well, had an unexpected turn of events. The Donzi rebuild is officially canceled! I now have a mint condition (with an asterisk) 1990 Maxum 2150 sitting in my driveway. I haven't done any exploratory drilling yet, but I can't find a single red flag for even a hint of wetness or rot. The previous owner kept it in a garage with a dehumidifier. From what I can see I bet there are some brand new boats that are in worse condition. So the asterisk is it has a hydrolocked engine, which looks like it caused a bent piston rod. The plan is to take the running engine from the Donzi that's sitting in the garage and swap all the mercruiser parts over to it and drop it into the Maxum. Then I'll dig into the hydrolocked engine to see how extensive the damage is because the previous owner bought it new a couple years ago and it only has 40 hours on it. It also has a newer SEI outdrive (he hit a submerged log a couple years ago). I figure for the $1500 that it cost me, I would have had to sink close to or more than that into just materials for the Donzi. I need to strip everything else of value off the Donzi and then start putting parts up for sale (hopefully I can recoup some of the it's original cost) Someday I would still like to rebuild a boat, but I think it would be better timed after the kiddos grow up a little bit. Mod EDIT: Offer removed