Re: repowering from a 350 to 454
What outdrive do you have? Better be a Bravo, in reallity. Mercruiser did use the Alpha I on the 454 Mag in 86 & 87, but found out they would hold together and in 88 the Bravo drive was introduced.
If you have an Alpha drive, you will need to change the gear ratio to a 1.32:1 from the 5.7's 1.50:1
All you brackets that hold things like the alternator, PS, etc will not fit on the BB. Different hole locations.
The 7.4 while it will have the same type ignition system the ignition module is different from the 5.7.