Droid, I haven't completed this as I am awaiting some new heads and don't want to mess with the shift cables at this time. It appears that stretching that new seal over the cavitation plate is way too risky -- need to stretch it 3 inches further than I can stretch it manually.
On another note, I had water in cylinders 5 and 7 (a lot in 7) after sitting for a week or so post fresh water flush from a salt water fishing trip. The water apparently spread via the intake manifold to the top of the heads on either side when I was out with it -- no water in the oil pan. There wasn't any evidence of leaking at the head gasket, and I don't think the head warped or cracked, as the engine didn't overheat. Many of the valves froze up sitting over the winter, apparently due to the fact the top of engine oil/water emulsion contained salt. I assume that either the port exhaust manifold developed an internal leak (no cracks) or the water came from between the gasket and mating surface with the riser, the latter of which has happened before. There was some rust under the gasket on the manifold/riser interface. Also, I may have made a mistake by using stainless steel bolts to hold down the riser. I can't find any machine shops to pressure test the exhaust manifold, and am reluctant to buy another one if I don't need to ($300). The manifolds and risers are 20 years old but not many hours, and the boat is only exposed to salt water for a few days every other year or so, and then flushed. What do you think?