OK engine professors. Now I am wondering if my '84 GT 150 is totally-ruined, including the crank (which I suspect adds considerable cost to a rebuild). Two years ago the engine was checked to have 85-90 lbs compression across all cylinders. On a little outing with grandchildren this summer though the engine's VRO oil supply line (unknowingly) was later discovered to have developed a crack just-below the VRO pump, which undiscovered of course caused the engine to start seizing up the last mile of distance on our way back to the boat-ramp (we limped in the last mile, letting it idle 2-3 minutes, then would get the boat back up on plane approx 15 seconds though at 3500 rpms the engine would like stall again, or begin seizing again, forcing us back to idle speed. This repeated maybe 3-4 times until we had our boat back to the dock.
(At the time I suspected the problem to be a fuel related,and dropped it off at my mechanic's shop). So inspection thru the sparkplug holes indicated atleast light scoring, and compression to be 75-80 lbs on 5 cylinders with the middle cyl starboard side being 65 lbs. Did not pull the heads off and instead I chose to take the boat home. My cousin says he thinks that it is likely the "crankshaft" could be damaged some too. So thinking the engine is a total ruin, I took it off the transom anticipating replacing it with another comparable used, but good, GT 150. On the engine stand I replaced the damaged oil supply hose, and amazingly, with muffs on the engine seems to start up well and run well at idle speed on on the engine-stand. Questions: (#1)Wondering about if all year-model GT 150's were manufactured with the same prop-shaft horsepower as the '84 GT 150, Model J150STLCRD model that I have??? The reason I ask this question is that as I recall, in all '84 OMC literature,this particular GT150's horsepower was listed as "UNRATED". Question #2: I have been told a good professional complete rebuild of the engine including crankshaft could cost upwards of $3000 +/- . Should this necessarily include any head resurfacing as well, as is done with automobile engines?? Question #3: So with honing cylinders out .030", etc and complete rebuild, should I end up with pretty much the same power as my original '84 J150STLCRD had ?? Question #4: For $1500 I can buy an '89 Tracker GT 150 professionally-tested to have 98-100 lbs compression on all 6 cylinders. Maybe that's the most sensible route to go for an engine for my '83 Champ 168 Super V. ( I am just hoping to be able to run the original 24 Raker and get the kind of bow-lift I had with the brand-new '84 GT150 when it was new.) If the '89 engine might produce those results then I guess it might make economical sense to save my money and hang that '89 GT 150 on my champ. What do you experts think, is the '89 Tracker GT 150 engine going to be equal to the '84 model J150 STLCRD ? Thank you.