Hey guys! I took the boat out today, but it was an electric only lake. However, I did poke around the engine and looked closely at the wiring. All appeared to be okay, no chafing on the conductors and the connections that I could access looked good. I want to add that when the engine began acting up last season, I too thought it could be electrical in nature, which brings a thought to mind. The climate control in my wife's Saab began giving us a hard time two years ago. It would not reliably activate the heating mode. Over time, it became apparent that the heating mode only wanted to work once things warmed up inside the car (of course). In the winter, it would only turn on as I was pulling into work after a 25 minute drive

but in the summer, the heat would readily turn on. Finally, someone mentioned that perhaps, there is a hairline crack in the climate control's circuit board. And, when things warm up in the car, the circuit closes due to expansion. So, I purchased a used unit off of Ebay, and it worked directly upon installation!
Now onto the outboard. I noticed on my 2nd outing with this issue that the engine would, as noted, instantly start running properly after about ten minutes. I figured that whatever the culprit is, it begins to function once the engine warms up, in turn, warming up the item in question. After reading some of the responses here, the item that comes to mind is the power pack as it is part of the electrical system and is bolted to the block. So, I think it would be worth my time and $ to replace the power pack and see if that solves the problem. Sounds reasonable yes?