Re: Should i inspect reeds?
I assume that your motor is a 1996 75 HP per your log in ID?
Yes I believe you are on the right track. Try checking the easy simple things first.
1. Compression. You should see no more than a 10% variation in readings from lowest reading cylinder to highest reading cylinder.
2. Check your spark. You should have a good blue colored snappy spark to all plugs.
3. Like you mentioned, check the fuel return valves. Easy to clean them. Take them out and give'em a shot of carburetor cleaner. Don't do this while they're installed in the block. If one is bad, you might end up squirting carb cleaner into the crankcase area. 2-stroke motors don't like to have carburetor cleaner squirted into the crankcase area. Washes the oil off the bearings. You can test them by blowing or sucking on them. They should only flow in one direction.
4. Reed valves would be the last thing to check. This is a little more involved because you have to remove the carburetor and carburetor adapter or manifold to get to them. Late model motors are more prone to breaking or cracking a reed valve than the earlier model motors. After you re-assemble everything, you'll need to check the throttle linkage to the carb to make sure the throttle plate is closing and opening all the way when you move the throttle control.
NOTE: Check this site out. They're usually a bit cheaper, but you need to call them before hand to make sure they're in stock. Even if they have to order the parts, it usually doesn't take that long.
http://www.boats.net/parts/search/Merc2/Force/75%20H.P.%20%281996%29/0E138600%20THRU%200E202999/FUEL%20INTAKE%20SYSTEM/parts.html