i am helping a freind with his merc 4 cylinder 40 hp mercury. initialy, it blew apart a reed block, and of course, it ran very poorly. he bought a used part, and it still runs very poorly. this is where i came into the picture. he has it all apart, and the used reed block, while it looks good, has what i feel is a horendous amount of clearance on the crankshaft. and, the i.d. is oblong to boot. there is between .018" and .026" of clearance between the crank and the seal. the crank looks fine, with no markings other than the factory machining. and of course, the seal is widest along where the seal splits, so lapping the seal would only make it more out of round. he has a computer manual, i do not know who makes it, but we can not find any specs for this. first, i would think that the seal should be round, and second, the clearance seems to me like it is way to much. a bit about myself, i am a former motorcycle mechanic, so while i have a lot of experience on motors, i am not real familiar with reed valve motors. also, this runs poorly over 1/2 throttle (which is basicly about when the throttle plates open). would this (excessive valve clearance) account for this condition? or is it more likely a problem with the carbs/ fuel pump (which i am thinking is more likely)?