GREAT NEWS!!!!
My pertronix ignition kit arrived today, purchased off amazon for 140$ that came with the module and the coil. I got the better one this time the flame thrower II which has a coil with 0.6 ohms resistance compared to what I had was the original pertronix flame thrower kit with a coil resistance of 3.0ohms.
So I pulled all the old electronic off and hooked up the new coil and ignitor (module) made sure I filed out a groove in the new cap so it wouldn't pinch the wires. If you haven't been following post I replaced the cap rotor wires and plugs as well. Still had spark at the plugs after doing the tune up and still wouldn't start.
So ya I installed the new kit hooked up everything as it should, gave one pump on the throttle and it fired right up!!! No hesitation at all. And ran beautifully, I couldn't believe it. I was so joyed to have finally got her back up and running after many hours of frustration from diagnosing.
So after I got it fired up I hooked my timing light up to #1 plug wire and it worked perfectly unlike before, so I was defintely getting a very weak spark before. So I checked timing when it was running dialed it back in to 6* BTDC and she's purring like a kitten! Shut her down re wrapped my wiring harness with electrical tape seems how I had it all pulled apart for diagnosing. That was the Hardest part was trying to get a nice wrap on all those wires and to get to look factory, talk about a pain in the butt! So now she's all done and ready for another day on the lake then time to get winterized.
All n all don't over look your electronic ignition if your having troubles starting or running. My boat is an 1986 and it died on the lake after running perfect. I had spark, fuel, compression and timing and it wouldn't start, I had proper voltage to coil with key on and the module tested good and the coil ohms out to 3.0 exactly what it should have. Apparently that didn't mean it was good. I had a weak spark that wouldn't even run a timing light and soon as I replaced with the newer electronic kit from pertronix it fired right up !!
I couldn't be any more happy right now and so relieved. Thank you all for the help I've learned so much and will carry this info on and help my fellow boaters here on out. As stated before I feel like a ignition wizard on the 140hp mercs now . Whoooooohoooooo





