I want to give an update on this. I ran out of decent weather so I covered the boat and just got back at it yesterday. It turns out the flywheel wasn’t the problem but CDI power pack leads were miss marked. I indexed the new flywheel and noticed the #1 and #5 cylinders were firing at the wrong time. According to the directions on the new power pack the blue stripe wire goes on the top cylinder and the green goes on the bottom. I reversed them and put the green on top #1 cyl and blue on the bottom and the motor runs beautifully. It was a long process rebuilding it but I hope to get years of use out of it. Thanks for all the help on this site.