Re: Oil Leak
You can pull the bearing carrier and prop shaft without dropping the lower unit. In fact, it's sometimes easier that way. Once you've removed the carrier lock nut (either unscrew it or chop it up and remove it in bits), the carrier just pulls out (he says laughing), but with a unit of your age, I think it's going to need plenty of 'coaxing', usually with a gas torch.... Be careful, ali falls in a puddle on the floor if it gets too hot.
Once you have the carrier out (the reverse gear may or may not come out with it, doesn't matter), you can just pull the prop shaft straight out. It's not 'secured' to anything.
Chris........