Hi all,<br /><br />I am a new reader from Australia, great forum. Thought I would post a question about a boat I just bought. It has a salt water cooled 454 with a velvet drive and TR/TRS outdrive. It was built in Australia in 1981, but I do not know how that relates to model age in the US.<br /><br />When I first start it, it squeals like the belts are slipping. I tightened them up but it still does it. The noise evenually goes away, but just when it has, if I move the trim up and down, the same noise reappears. <br /><br />Also, one time when we were just leaving the dock, I opened up the throttle quickly and as the boat was about to get up on the plane, drive was lost and the engine revs raced. I slowed down and the drive returned. The oil level is correct, but I haven't been game to open it up quickly again. If I open it up slowly, it reaches WOT (4500rpm) without any sign of slipping.<br /><br />I was woundering if there is possibly one common area I should be concentrating on, or do I have a multitude of faults with my boat?<br /><br />Cheers,<br />Paul