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Should be a great motor. Only issue is that pre-'78 motors use an older style tilt 'n trim system that are difficult to find parts for if they break. If it doesn't have TnT, finding a compatible OEM unit will be difficult and expensive.
I had the same engine. I installed a pisser on it and other than that i never had a problem. Just maintain normal upkeep. Bulletproof from my experience.