I have a 65 hp mercury that is a 1965 model. Got it running good in the back yard, then went and put it on the lake close to home. Oh, by the way, it's a straight 4 cyl. It was REALLY sluggish and no power. It died in the middle of the lake, and had to use starting fluid to keep it going to get back and loaded on trailer. I went through it and couldn't find anything obvious, so took it to a repairman, which I found out is not super repitable. He put in 4 new plugs, said he cleaned up the points, cleaned the 2 carbs, and put on a new distributor cap. All had not much affect. He says it acts like the condensor is bad or going bad. I paid him $251.00 and brought it home. I took off the distributor and took it apart and looked at it myself, the points don't really look too bad, but the wire that comes in through the side and goes to hook onto the little post on the points was all but coroded off. I replaced it myself, then mixed some gas 40:1 and put in a little "seafoam" additive. Finally got it started with garden hose on it, but still didn't run good or for very long. So I just give up, as the temp outside was only about 35 to 40 degrees. Could the outsied temp and temp of the water be a big factor? Also could the condensor really be going bad, I thought the condensor is either good or bad with no inbetween. Any suggestions or hints? Thanks much.