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OK gang to those interested, here was the trouble: In the lower unit of the outdrive (Alpha I), beneath the water pump assembly, a nut snapped. 9 hours of labor for the tow, hoist, disassembly of the lower unit, installation of new water pump assembly ($135), reassembly, and launch set me back...

I recently bought an '85 260 Sundancer and had the engine (mercruiser chevy 350) completely rebuilt. That also included some new parts (spark plugs, hoses, belts, etc) as well as servicing the out drive and replacing U-joint. Also replaced the shift cable (I advised them to check the shifting...