Straight 30W engine oil is common as nails. But I'm surprised at OMC's 30W recommendation. The 4.3 is a GM engine used in Merc stern drives. They recommend 'their' 25W40. I'm away from my manuals now and the 4.3 viscosity/temp chart. But any multi viscosity 15W-40 is a preferred alternative. I use Valvoline syn 20W-50. but their std 20W-50 is fine for annual oil changes. Marine engines run at higher ave. rpms than auto engines. 40W seems prudent.
I have seen Shell Rotella T4 15W-40 heavy duty diesel engine oil recommended here. Sounds good to me so I bought some. I wouldn't hesitate to put a quality straight 30W in there either.
The manufacturer of the Suzuki bikes I used to ride recommended 10W-40 (right on the dipstick), but people swear by Castrol 20W-50 for bikes. Who's right?
We were in a "Very Low" probability area for tornadoes this evening. But they were sounding the sirens tonight, and the weather guys on the news were looking at potential tornado producing storms in the area. We got a good one a few years ago on a "Low" probability day...
back in 1987 when your 1988 motor was used, the recommendation was straight SAE 30
however the oils also were high in zinc back then too
since then each manufacturer recommended a different oil for the same motors. SAE 30 to SAE 40 to 20w-50
the 15w40 diesel oils still have high zinc in them. that is my go-to oil for most things I own if I do not have SAE 30 on hand. I buy it by the case.
(do your own research on why zinc is important to heavily loaded flat tappet motors)