"If not repowering with a comp
"If not repowering with a complete new motor, I'd definitely do the car engine thing.. I'm just not a fan of rebuilds, unless I do it myself and even then the human error margin can bite you. For me it's new, or used.
- as far as a used long block goes, a compression test and check of oil pressure at cranking will make it almost no gamble when looking at a candidate. just make sure it's an exact match as far as having a fuel pump mount etc..and make sure the 1 pc vs. 2 pc rear seal line doesn't get crossed.
And you need to know if your motor is balance shaft or not. There were a lot of different 4.3's.
Swap cam, use new lifters, install brass core plugs, and swap ALL external marine parts.
Might as well get the heads checked over, new valve seals at least and throw a set of good marine compatible head gaskets in like Fel Pro with the stainless fire rings. You can buy the Pioneer brand brass core plug kit for a small block chevy for around $25 at an auto parts store."