Re: Upper Swivel Shaft Bushing in Merc Gimbal Housings
Also, my understanding is that there are two ways to do this: (1) drilling holes in the gimbal housing, and (2) removing the engine and transom assembly.
I wasn't a big fan of the first method because you plug the holes with plastic plugs and I already had the engine out.
If you're using the second method, now would be a good time to replace the transom seal (I glued mine in place with bellows adhesive, making sure the butt joint in the new seal is at the top of the housing) and bellows + shift cable. In addition, I removed my transom assembly without completely disconnecting the trim hydraulics at the gimbal housing. I disconnected at the trim pump, pulled the gimbal housing with the trim hoses, and only took apart what I needed to once it was on the bench.
I don't know how far you are into it, but some people have said their old swivel shaft came out easily once the bolts were loosened. I was not so lucky and ended up retapping the threads in the bottom of the shaft and using a long length of threaded rod + some washers + a nut to pull the old shaft.
With the engine removed and replacing all bellows, the shift cable, the swivel shaft + bushings + seal, setting the correct gimbal ring clearance, installing the transom seal, etc. I had 28 hours into it. This is with the engine already out and does not include putting the engine back in. Probably 10 hours of that was learning as I went - going out to get threaded rod and other misc. hardware, taps, and not knowing exactly how to do certain things.