Thanks again for the advice on the balancer install and everything else.
This weekend I got quite a bit done. I installed the balancer (heated the center slightly with a torch and then started it with a rubber mallet then drove it home with a block of wood and a hammer.) The balancer went on a lot easier then I had expected. I also installed the fuel pump, starter, alternator, flywheel, engine coupler, flywheel housing/rear engine mount. front engine mount bracket. I then took the engine off of the stand and mounted it to a larger wooden heavy duty cart that I use around the garage. Its low to the floor and has very larger casters on it.
As for the engine couple I have 2 of them. The one that came out of the boat and the one from the donor 160hp motor. I don't really know the history on either. I was going to use the coupler that was origionally installed but looking at the front of it, it looks like it may have been spun or maybe the alignment was off. You can see the rubber around the spline area is messed up a bit. The back of the couple looks fine and it doesn't appear to have been damaged. I'm thinking its probably fine and the alignment was off putting undue stress on the rubber like that. The splines towards the opening look slightly chewed up too which I would imagine is form poor alignment.
I decided to clean up the other coupler I had and use that one instead. After cleaning it looks like its in better shape. It was just covered in oil and sludge from somoone greasing it and then letting it sit for however many years in the shed of the guy I bought it from.
Here is a pic of the original one that I ended up NOT using.
I didnt get a chance to take a pic of the coupler that I ended up putting on. Ill try to grab one tonight.
All thats left is to repair/rewire some of the electrical harness, install distributor and new points etc, fuel lines, water lines, plugs, plug wires and that's basically it.
As for the points can I use automotive points/condenser from a local parts store? The cap I have may be good or I may just buy a new sierra one. Same with the rotor. The distributor is a marine type but are the internals any different? Same question goes for plug wires. Can I use automotive type? This isn't the type of boat that I would leave in the water for extended periods of time and definitely not salt water so I don't see why it would make a difference.
I plan to try and fire it up this weekend.