Re: 1968 Mercruiser 120 Engine
I am in the process of rebuilding a '67 Mercruiser 160. Bored out the block .030 over, new pistons, rings, bearings, recond the head/valves, converting to HEI distributor, etc....The engine is a GM 250cui, IL6, everybody says this is a great engine. It's very simple/easy to work on. I found a 1.65:1 pre-Alpha drive on ebay and will install new gaskets and water pump. Sounds like I am doing what you might need to do. It's kinda fun if you enjoy this kinda stuff. The parts seem readily available for this engine...