Just a note - if you're going to run one of the old magneto driven 4-cylinder Mercs, get yourself a spare magneto - they're all more or less interchangeable from 1955 on up. Go through it, new bearings, cleaned and gapped points, cleaned up cap and rotor, basically ready to go. Zip it up in a plastic bag, wrap it in a soft towel and store it in your boat's tool box, or some other safe spot onboard, and carry the tools to swap it out. It can save your weekend!