Re: '51 eveinrude care
Stick with 24:1 ratio.<br />Decarb it if you haven't already. Do a compression check to make sure you don't have a stuck ring. (from carbon)<br />Inspect and change the lower unit oil.<br />Inspect or replace all rubber hoses. Modern gas tends to break them down. NAPA has replacement fuel line.<br />Expect to need a carb kit soon. Again, modern gas causes problems with the original floats. If the needle and seat are original, they're probably pretty worn.<br />Replace the water pump impeller, unless you know for a fact it is under 2 years old. A new one is cheap. NAPA autoparts or Iboats, #18-3006.<br /><br />I've got a '64 35.7CID engine, which yours would be the grandfather of.

<br /><br />I'm certain others will have more and better ideas.

<br />Good luck!<br /><br />EDIT: Just looked at some history, it looks like you've got the water pump taken care of.