Well....here is a learned lesson that I thought I would post to hopefully avoid someone else from making the same error.
I bought a scrap boat and pulled the engine and drive and other accessories in hopes of finding a boat to put it in. The donor boat was a 22' cuddy with a 305 and mated to the Volvo 270 which both are now firmly planted in my Searay. What I never even thought to check was the drive ratio...Its mated to a V8 right?. I'm sure you can see where this is going.
I was working on running the new shift cable and I caught a glimpse of the serial number and saw the D at the end. 2.15:1 - 4 cylinder ratio. Slightly deflating with all the time I put in to refinishing and installing the drive that it all has to come back off again. But thanks to my good buddy T-Mac who refuses to throw out anything, there is a 280 drive sitting in his shed.
So a little more elbow grease and some paint it will be delayed but still wet in the next few weeks. Sucks a little bit when its this close to splash time.
Moral of the story folks: Don't assume that the original owner knew what they were doing. Maybe the original owner was trying to pull one over on a potential buyer, maybe he just didn't know any better, either way I hope this can help someone else avoid a potentially costly error.
Anyone in Canada need a Black 270 - 4 cyl drive?
