Re: 1986 MerCruiser Trouble
I've worked on boats for a lot of years, and I wouldn't say it a "Classic bad ignition switch". If it was a bad switch, you would also notice the instruments not working as they are also on the ign. wire from the switch.
You may have a vapor lock/fuel problem or an ignition problem but until you identify which there is no answer.
You need to do two things when it won't start.
1. pull the flame arestor and see if fuel is being squirted into the engine from the accelerator pump when a helper pumps the throttle.
AND
2. See if you have spark, pull the coil wire out of the distributor cap, and hold it about 1/2" from a good clean ground and have your helper crank the engine. Should have nice bright blue spark.