Re: New guy with a Mercruiser engine Question
If you can see rust in the manifold think of what the rest of the internals look like

I would start stripping it down and hopefully you can reuse most of the boltons on the new one. When I was younger I had a dune buggy that quit on me out in the hills,pushed it off the road walked back to the truck couldn't get back to it for about 5 days due to mud and heavy rains. I didn't even think to cover the carb well 5 days worth of rain getting into it was enough to destroy the engine. Heads were shot, crank, bearings, etc was toast. I was shocked at how quickly the rust had eaten internals to the point of not reliable/risky. Vw engines use alot of magneisum and aluminum and are pretty tough little engines but not to water intrusion. Easy enough to replace and a 300-400 dollar fix but a boat is ten times the effort and expence. Good luck with your boat.