Re: How are points set 1967 9.5 Johnson.
JB will soon tell you to get the manual (the original OMC manual) for that engine, and he will be correct. A hint: do the ignition carefully one side at a time, so you know where everything goes by looking at the "undone" side. Don't pinch any wires.
So start by taking the flywheel off...and I really suggest that you replace all of the ignition parts if you aren't sure when they were last replaced.
After the new parts are put on, put the flywheel nut on (but not the flywheel) and thread it all of the way down. Use your ratchet to turn the engine clockwise, until the mark on the cam lines up with one of the plastic pieces of the points that ride on the cam. Set the points to be open .020" with the adjustment on the base of the points (the adjustment is the screw in the slot), then tighten the point's mounting screw down. Rotate the cam to line up with the other set of points. Repeat the adjustment. Now rotate it around , line up the cam mark with the first set that you did, and double check the gap. Then double check the other one. Both breakers should now be opening at .020 then they are lined up with the mark on the cam. Put a couple of drops of oil on the wick, take the flywheel nut back off, make sure the flywheel taper is absolutely clean and the key is in properly, put the flywheel on and tighten the nut down, but don't torque it down yet. Try running a spark test (with a spark tester before you tighten it down. Keep the plug wires off so it doesn't try to start. Now tighten to the specified torque with a torque wrench. Too loose is very bad, too tight is also bad.
Also, if the water pump impeller is of unknown age, replace it.
