Great advice except I would not suggest that oil to gas ratio. Originally in the 50's and through the early 60's, 2 stroke oils were in their infancy and 4 stroke oils were widely recommended and accepted at ratios of 16:1. These "crankcase" oils were fine quality to be run as a lube oil, however not engineered to burn completely without deposits, like in the case of 2 stroke applications. Motor manufacturers had to suggest richer ratios because they had no way to ensure motor protection because oils were poor for 2 stroke applications. Through the 60's, better 2 stroke oils were developed and ratios were leaned up. Motors began to incorporate bearings and not bushings for the crankshafts and rods. OMC made substantial changes from 1964 to 1965. Safe ratios were bumped up to 48:1 on high quality 2 stroke oils. As oils evolved through the 70's, a major breakthrough came with a fully synthetic 2 stroke lubricant created by Al Amatuzio and his company called "Amzoil". Pennzoil sued him and he was forced to respell his companies name to Amsoil. Being a personal friend of my Dad's, Al offered us to further test his synthetic 2 stroke formula. This was advertised to perform flawlessly @ 100:1 in water cooled motors with crankshaft and rod bearings. We have still a few of the "bushing" outboards around and none have suffered any harm with Amsoil mixed at 2 to 2.5 oz per gallon. I'm talking about 2 1/2's, 3's, 5's, 5 1/2's, 7 1/2's, 10's, 14's, 15's, 16's, and 18's. They are all here in my possession and all running perfectly. These motors have been run at all speeds and many used for freighting in the Ontario wilderness. That means WOT for hours at the ratio mentioned above (50 to 64:1). I have tested these ratios, but not as extensively, on Mercury outboards as well. I did have a failure on my 1957 Mark 30, but I was running 40:1 petro base 2 stroke and not Amsoil. That was in about 1978 and I have the motor here but never dug into it yet. It never made any bad sounds but just seemed do drop off in power, so I shut down. Could have been a water pump failure too, it still cranks over with no fire. As for "newer" OMC's, I mix Amsoil @ 80 to 100:1, based on how they will be used.....mostly trolling, (100:1), or mostly WOT, (80:1). 100:1 OMC's were developed in the early 80's and engineered to run @ 100:1 on all oils including certain petro based 2 stroke. No changes were made to the bearing designs, yet leaner ratios were suggested......Why??? Because oils had improved dramatically and OMC had determined that 50:1 was no longer required. The big mistake was the fuel tank auto injection system which often plugged up from contamination or dangerously leaned out mixtures when used in very cold conditions. Many 100:1 outboards were destroyed because of this, I have a few of these parts motors around too. Early VRO's are destroyed by ethanol and the "alcohol resistant" versions are a modest improvement at best.
Yes, talking oil ratios.....I have plenty to say, but its all from hands on experience, not hearsay. Take care, Tim