Hi guys i am looking for some advice,..my old 1987 3.0l merc has finally given up on me...manifold rusted though and water on top of pistons, piston rings stuck in, water in sump and valves in head not fully closeing etc...i am told its a rebuild...so i am thinking of buying brand new 3.0l bobtail genuine merc engine...now i have been told that to drop this engine into my boat and use with my gen 1 alpha 1 outdrive i will only need a wire loom adapter for my old gauges and to change the inner transom plate to a gen 2...the new engine also has power steering and the guy said he could sell me to bits to fit on mine to covert mine into power steering ...he said the bits where very cheap and its a very easy job to fit with snap on conectors....can anyone confirm what i have been told and give me anymore info of which you feel i need to no to complete this engine swap...thanks for your advice guys