Re: 4.3 to a 5.7 in a '88 Sea ray seville
Moving the motor mounts is easy. The "block" where they are currently screwed in, should be long enough to allow you to unscrew them, and rescrew them where you need them.
You fuel tank will probably be in the way. At least my dad's was, when he put the 5.7 in his 19' Seville. He eventually bought a new fuel tank to allow the clearance for the front of the engine accessories. it cost real money, though.
Your engine cover will probably hit the water pump pulley, so get ready to move it a little.
My dad made the V6 Y-Pipe work, but did have some issues with hose fitment. Can't remember why exactly, though.
He had a 1.81 ratio drive, and he was able to reuse it, just with a 25p prop. Now his 5.7 that he installed was no modern Vortec motor. It was a 1987 5.7, that with the cam and carb he used, probably was close to 225hp. If you install a Vortec engine that's making a lot of HP, you should probably change the outsrive. For $1195, you can get a complete Alpha One replacement from SEI. So I would not mess around with paying someone to change gear sets.
Your best course is to find a complete take out 5.7 off e-bay or somewhere. Yeah I know they are $$$, but you are going to have to buy all exhaust the stuff to fit a 5.7, and the intake, so you may spend $$$ buying it piece meal any way.
Be prepared, the boat will still not be fast. You will not have a 60mph boat when you are done. The hull just isn't a high speed hull.