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BTW- the forward gear clutch dog projections are slightly curved. When in forward, and the prop is turned faster then the engine revs, you will hear a rachet sound. This is normal.
Reverse gear locks the dog into the reverse gear. There should not be any racheting.
You should always shift "positively" into gear. "Babying" the shift causes damage.
MerCruisers share clutch dogs with Mercury OBs. As such they have a number of projections on the forward part of the clutch dog, and matching ones on the forward gear. This helps slightly worn clutch dogs to...
One more thing. You will want to cover the deck in resin and cloth. 2 layers of light cloth or one layer of heavy cloth will usually work, although more can be better.
Lay strips of resin saturated cloth on top of the stringers and frames. Now using ss wood screws, screw thru the deck into the stringers and frames. That is the best and strongest way to attach the decking, IMO.
Gee, that is an unusual place for rust to form. It is usually pretty waterproof under the plug boot.
Perhaps water was spraying from under the water jacket cover onto the spark plug? I would expect the shell to also be rusty if that happened.
Gee, a fluke anchor will do the same but needs more scope.
I have a 2.5 pound fluke anchor that holds my 16 footer real well. Not sure it gets better than that.
Link and synch is where the mechanic sets the idle timing and synchs it to the carb opening. He then sets the max spark advance, throttle stop and throttle cable position. Every Merc service manual for your motor has the procedure.
It sounds like you need a Merc Service Manual.
Gee, can you put the straight edge on the spindle? I would expect it to be bent down, no?
I suppose it could be a loose bearing and/or low tire pressure and a lot of left turns. It is probably easier to replace the axle.
That looks to be the water cooled voltage regulator. I bought one from CDI or Sierra, and it rusted out in a couple of years use in salt water. Unless the OEM version is prohibitively expensive, I would recommend OEM.