Re: 1987 Johnson J200TXCUC lost power
The frayed wire is the purple one in your harness. It is +12v only when the key is switched to ON position. So, if that frayed place contacts the block, you will blow a fuse. You need to insulate it well. The liquid neoprene is Ok to start with, but I would want something more substantial for the long run.
Notice how the harness is aged heavily, and the pump side is newer looking....someone has replaced that VRO pump in the motor's past.
The tan wire going to the head is someone's rigging. It is not factory.
If the wiring was factory, you can take any tan wire, and short it to ground with the key on. The horn in the control box up front should sound. It MIGHT be mounted externally.
There are five tan wires indicating four different faults with varied color stripes on them. They are for overheat (2, one on each head), fuel restriction (from the vacuum switch), low oil (from the oil tank), and no oil (from the VRO pump).