Hey great site! I have a merc 1500 1975 that ran great, sat for a year, now runs out of water with muffs, but in water no power, I have checked compression ( 120 +or- 5) checked full pressure (5.5) checked spark, looks o/k, now for the timing issue (have manual) I checked the timing belt, the arrow on the distr. gear lines up with the "3 vert. dots on the flywheel( o/k) the timing pointer at top dead center lines up with the mark on the flywheel at top dead center(O/K? didnt do the .464 thing and I seriously doubt the flywheel slipped or pointer moved by itself) Im trying to go thru the timing procedure, the first set-up is the primary pick-up adjustment(4-6 degrees) Using a timing light,I cant get it to go to that mark, the best it will do is 10 deg. or higher before the engine stalls at about 900 rpm, I know all the timing issues on the distr. is off cause I tried to adjust on the lake (without the book) when this first happened, I am turning the distr. by hand( have the throttle cable disconnected) to adjust the the timing( actuater plate / the primary pick-up adjustment) this is the first adjustment for the distr. timing so Im at my wits end!!! any help??? Im very proficient in engine work, have an auto repair and body shop, I havent hired anyone to work on any of my cars or trucks tractors ect.. ever, and I would really like to figure this out for myself if possible, thanx but this has got me whipped!!