Re: Things that need to be done on "new" engine?
Chrysler Boat---actually built by Lone Star which Chrysler bought. Really a very well made boat. As far as your transom----- First, if it is rotted, repair it. You will need to probe it to test. After, don't use plain plates to reinforce. Much better to get a 3 X 3 X 3/16 aluminum angle the width of the transom. Remove any aluminum trim angle on the transom and if you don't want the engine raised, 3/16 to 1/2 inch, cut off the fiberglass transom cap. Cut one leg of the angle to 2 inches to fit over the top of the transom and put the 3 inch leg inside. It is the ANGLE that gives the strength and support to the transom. Secure the 3 inch leg with (5) evenly spaced 5/16 stainless bolts with fender washers on the outside. just be sure the second two are about 16 inches apart to clear the engine mounting clamps and top mounting bolt washers. The center bolt will not interfere with anything. Since Force clamps do not have much area to bear on the transom, I also like to put a plate of .080 hard aluminum on the outside of the transom to cushion it. (please, not that crap, diamond plate; it is soft) Stainless is stronger, but a pain to drill. I make the plate 18 inches by 12 and drill it to clear the splashwell drain if necessary. The three center 5/16 bolts hold it in place and the two bottom engine clamp screws hold the rest of it when the engine is remounted.
Now, even though (and possibly because) your boat is at least 25 years old, (Chrysler stopped making boats around the early '80s) the transom may have bent out solely due to the weight of the engine hanging on it. However, that's to be found out when you start probing the transom.
Finally, you want to go over to The Chrysler Crew and see some of the Chrysler boats in the photo album.