Check for electric leakage?
I am not familiar with the shifters on the OLD Mercrusier out drives but we had a friend with an outboard that used electric shifting. There was a coil in the lower unit that had a short to the case and it chewed up the rivits on the transom of his aluminum boat. Just a thought, I still get them every now and again.
Mercrusier 160? That means it is running an OLD 250 Cubic Inch Chevy 6 cylinder that first came out in 1962 as a 194 Cubic Inch engine in the Chevy II...Talk about a work horse engine. The same basic design is used in the current 4 cylinder used for the 3.0 Liter only with 2 more cylinders.
P.S. The 4 cylinder has been used for years as a Midget Racer engine.
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