Re: 305 cracked block removal
You're gonna need a manual.
Would the replacement block happen to be out of a car or truck? Many parts are identical, but a car engine isn't really suitable for a boat. You'll wear it out pretty quickly. Imagine driving a car up the steepest hill you can find at 75MPH, pulling a trailer... continuously. That's the beating that boat engines take.
Also, nothing electrical from the car to the boat (i.e., starter, alternator, distributor.)
and definately not the carburator, boat carbs are vented internal to the flame arrestor.
All that being said, yes pull the drive off first. Is this an Alpha drive? ...disconnect the lift cylinders and the speedometer tube, 6 nuts on the upper unit, and it pulls right out. You'll need a new bell housing gasket, drive unit pilot gasket, and some o-rings on the drive shaft and water port. For a boat that old, I'd replace the gimbal bearing while I have the drive off.
Do what you need to do with the engine, then you'll need an alignment tool before you put the drive back on.