Re: Tilt/Trim Unit - 2 wire vs. 3 wire?
Three wire unit has a cast aluminum reservoir, a small motor, and full power is passed through the trim switch. A separate ground wire passes to the battery and the switch wires ar (I think) #10 gauge. The motor has field coil windings and a bi-metal overheat current interrupter switch built in.
Two wire unit has a larger plastic reservoir, a larger motor, and uses relays to power the motor. Only signal current passes through the trim switch. Because of this, 16 or even 18 gauge wire can be used from switch to relays. The field is two semi-circular permanent magnets. It uses (sometimes) an external 30 amp circuit breaker.
The three wire motor can, with a little thought and creativity be converted to relay use, but the two wire unit MUST be powered with relays.
I have both types on various engines and I really prefer the two wire system although the three wire system works well too. It is just personal preference. However, due to the large wires and high current at the switch, I would pay less for a three wire system.
They do have slightly different pumps, but for that you need to wait for RRitt to reply. I do not know the particulars of the pumps.