Re: 1960 super sea horse is it worth 200
I have the exact same motor on a 1972 15 ft Glastron, though a 1961. Great motor, but an absolute pig on gas. For $200, I would buy it, if all pans out like Tasha said above. Keep in mind that parts are hard to find, and when you do find them, they are a bit expensive. I would recommend taking the handles off the back of the motor, as they get in the way of ski ropes, etc. And I think it looks much better with them off anyway. You can always replace them when you need to work on the motor.
I moved up to I/O last year, but still have the old outboard. I love the increase in gas mileage, especially with the price of gas now, though I do miss the smell of 2 stroke. I say go for it- that is a good price for one that runs well!