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I forgot about the Holman Moody conversions - They were quite popular and IIR Donzi used them in the old "Sweet 16" hull. HM was getting some substantial power out of the old 289 small block - upwards of 280+ HP. Those old Volvo drives could easily handle the power.
Back in the 70's Volvo Penta distributors would sell "loose" ourdrive assemblies and a boat builder or engine marinizer could put together their own power packages. For example, I owned a 26' Omega (small FL sportboat buider) with a Volvo Penta drive coupled with a Commander (Ford 351- based)...