Ok, I checked for spark on both cylinders by just grounding the plugs and watching for any spark. The top cylinder was not firing. Don't know why I didn't check that before, but it seems it didnt make any difference. I jumped off the deep end and bought all new ignition parts (coils, condensors, point sets) I also had to buy a new magneto cam due to the original one being cracked from the flywheel key being sheared by the previous owner. I got all that installed today. Set the points to .020 and the plugs to .030. All this comes straight from the service manual. Once I got it put back together, I installed a new original slow speed adjustment valve on the carb and got it set. The motor fired right up no problem whatsoever. So I shut it down and checked for spark on both plugs Good to go there. Not sure what you are talking about @racerone with the 1/4" gap other than holding it that far off that block. When I did that, I got a nice little zing. Anyways, hooked it up to take the boat to the river and I am still having the same problem, the boat will not get on plane and the motor bogged down in gear. Not to mention, as I have the boat on the Arkansas river, trying to beat the storms that came through this afternoon, it sheared the flywheel key AND broke the magneto cam again. So now I have TWO issues, no power AND the fact that the flywheel key is shearing. Any thoughts?