Hey Sutor....The yel/red supplies voltage to get QS engaged till RPM is fast enough that voltage from org-org/blk power coil takes over. Will it disengage when you rev it up? I will look to see if I got a spare timer base.
Fazt, thanks for all your help here, and the email you sent me.
I have also started the motor with the boat harness completely disconnected and tried another battery, so I have ruled that out as well.
I have tried 2 timer bases with the same issue so I am not sure that is the cause. If anything, Id like to try another flywheel (even though mine looks great.)
I have disconnected ALL of the wires coming into the powerpack, except for the orange and orange/black from the power coil, and the timer base. Thats IT!!!!!
I suspect bad AC voltage coming in. The new stator tests a little low for resistance (93-103 is spec, and I get 89). ALSO, they painted over everything with the reman powerhead. I had to sand down the contact points for the ignition coils and where the starter grounds to the block. Guess what I didn't sand down? The places where the stator sets on the motor (as seen below). Although, I would think the 4 screws that hold the stator down would be a good enough ground.