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    1983 mercruiser 305 water in oil questions

    I have a 1983 mercruiser 898 with 305cid that i just tried to take out for first time in two years, ended up with lots of water in oil, what are the odds of cracked block? should i have it rebuilt, or repower with a 350? will the existing outdrive handle more power? help please. also what do i...
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