Thank you for all the help Boat_tech. I am confused on one point tho. I actualy called West Marine (where I bought the rebuild kit) and told them that the kit I bought was for a rochester carb. I gave the guy the tag number off my carb. He called the tech at Sierra and was told that my carb IS a Mercarb as you said it was, but it was made by rochester and the kit I have is the correct kit for my carb. Slightly different from what you told me. So on one hand I have your info which I consider very valuable and credable and on the other hand I have the info of the tech at Sierra that is responsible for supplying me with the correct kit. So since he insists that I have the correct kit I guess I go ahead with the rebuild with crossed fingers lol. I only paid about 25 bux for the kit so at worse I will get half way thru the rebuild only to find out that he was wrong and then I buy another kit I guess. Hopefully he knows what he is talking about. I guess if he is wrong I will have to prove it to him , geez nothing is easy with an old ass boat . Wish me luck and thanks again
Humm interesting

, lol, Well who am I to disagree with a sierra marine tech? Oh well

.
To me this is just another good reason to use "OEM" parts in my opinion.
Ok, So I decided to go to Sierras website to see if maybe they have a universal carb kit, And looking at all the gaskets in the kit you would think they do, judging by the photo they have of the carb kit.
So While looking up your engine serial number/ Carb number on "their" website, It appears to me that they once again quoted you the wrong part number of their carb kit.
Here is your engine / carb info, (1986 mercruiser 140 engine serial#
B403574, Carb # 1389-9350).
Now Below is a copy and paste of what I found that looks like to me a much better match for your engine/Carb numbers off of the Sierra marine website.
Sterndrive 140 4 6229718 - C856558 1389-9350A2 -M2/Mercarb
18-7097 18-7202
Now Sierra said for you to use their part number
18-7746, If you look at their website below I believe you'll see that the number that they gave you will not match up to your serial numbers you have, Their numbers go to a
R2/2GC style carb,
Your carb is a
M2/Mercarb and right next to that is Sierra part number
18-7097

P.S your engine specs are going to be in the eighth column down from the top in the link below.
http://www.teleflexsierra.com/Mercruiser-Stern-Drive-Carburetors-Kits-and-Related-Products/dm/cart_id.916878711--gd_get_grid.1--gd_grid_id.1616--gd_search_13395.Sterndrive%20--gd_search_13396.140--gd_search_13398.4--session_id.787522370--store_id.373--view_id.490267
But there's a good possibility that the sierra part numbers have superseded over time, and I'm not able to see it from their website, Or I could just be wrong all together.
Either way, I wish you good luck with your carb rebuild, Looks like your going to need it.
P.S chief, That was an excellent post on the carb rebuild you did, Good job.