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Originally Posted by jnaughton
They rod with the gears has moved down about 2 inch's, metal shavings, inside the lower unit, it is a 1986 260 mercruiser, alpha 1......
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Yikes, that sounds awful. I dunno how much it cost to have fixed, but you may want to price one of these instead:
http://www.sterndrive.cc/ They are VERY reasonably priced.