Re: Small bore vs Big bore
Everything is interchangeable except the pistons (obviously). Rods are the same, bearings are the same, wristpins are the same, and small end needles are the same.
HOWEVER--and here is where I am not sure because I don't know the 1995 crank stroke. USUALLY, the 125 had a 2.875 stroke and the 120 had a 2.80 stroke. Merc may have changed that in '95. The ports are higher on the long stroke engine to compensate for the extra stroke and still maintain port timing.
The cranks look exactly the same with the same numbers and I don't know how the factory differentiated them. It is, however, easy to measure down from the top of the block to the top of the exhaust ports. A long stroke engine will have the ports about 1/16 inch higher in the bore. You can NOT re-bore a 3.312 engine to 3.375. The 3.375 has a larger liner cast into it.
AGAIN, HOWEVER: I have swapped a short stroke crank into a long stroke block and it works fine except it produced less horsepower and I lost about 4-5 MPH.
It can be done without it BUT you really need a special tool to press out the wristpins without damaging the pistons or needle bearings. The other side of the tool has a press in section. If you try to press in the wrist pin without this tool, you will jam the needles between the wrist pin keeper collars and, of course, then they won't roll as the rod oscillates around the wrist pin. The tool is Chrysler part T-2990. It consists of a pillow block for the piston, a shim marked .290 at one end for pin removal and .310 at the other end for pin installation, and a wrist pin alignment and driver.
When you replace the big end of the rods on the crank, you MUST work slowly and carefully. You must align the ground portions of the rod big end so that a pointed tool slides SMOOTHLY over the break. Any deviation here and the service life will be shortened since the rollers will bounce over the mis-alignment while engine is running. Do not tighten any more than finger tight until alignment is perfect. This is "cracked cap" technology and each rod has a distinct matching cap that only fits it one way. If you tighten too much while mis-aligned, you will dent the mating surfaces of rod and cap. Then, the rod and cap assembly is ruined and useless since they will no longer mate properly.
Proper factory procedure calls for new rod bolts since they are stretched a bit when torqued to 180-190 inch pounds. I have re-used them with no problems. You need a 12 point 1/4 inch socket to fit the bolts.