Re: voltage
If you removed the cable with the engine running, you could of put a huge power surge through your boat and electronics. I have outboards on my boat, and the regulators went bad, and my volt meter would go up. My bow light would burn out all of the time. My mercs had 2 regulators each, and I ended up having to replace all 4 last year.
The new ones from merc had an additional ground wire on them, so I suspect that they had a problem with losing grounds. Of course, all of the parts were made in China!
Check all of your grounds/