$11k for an engine sounds about right for a NEW, not rebuilt, engine and 
transmission setup, installed.  There will be some work changing over from 
older carbureted Chryslers to new Crusaders (the best inboards, see David 
Pasco's articles).  Different throttle linkage, wiring, motor mounts, possibly 
transmission linkage, raw water intake location, possibly gauges, etc. will 
have to be thought out and dealt with @ $100 per hour or whatever he's charging 
you.  Not difficult, but time consuming.  I've also rebuilt and hopped up my 
own Chrysler small block in my 27 Express Cruiser.  It's cheaper, but it takes 
a lot of time and that has it's own cost.  I had to deal with all of the above 
issues, among many other things, in my rebuild.  I love the result, but a big 
part of my enjoyment was the process of figuring things out and handling them 
successfully on my own.  Not everybody wants to do that.
 
The difference in performance between a stock 350 and a stock 318 in a big 
cruiser is not by itself worth the cost.  Big cruisers need torque, not 
horsepower.  Difference in hassle between an older carbureted engine and a new 
fuel injected one might be worth it to you. 
 
If you are interested in performance, there are indeed a lot of outlets for 
perfrmance parts for Chevy marine engines.  Chrysler marine engines have fewer 
outlets, but it is quite possible to get serious horsepower and torque out of 
one even though Chrysler Marine quit making new products around 1986.  I'm 
getting 410 hp @ 5000 rpm and 500 lb-ft @2500 rpm out of a 360 block, according 
to my desktop dyno.   For myself, if the compression on your engines is good, 
I'd fix the old one until you spin a bearing or throw a rod (maybe not for 
quite a while), THEN put in new ones.  Spend the difference on gas.

John

--- On Sun, 12/5/10, Suzy-Q <[email protected]> wrote:


From: Suzy-Q <[email protected]>
Subject: [UnifliteWorld] 318's vs 350's
To: "UnifliteWorld" <[email protected]>
Date: Sunday, December 5, 2010, 10:01 AM


I have a 28' Sports Sedan with twin 318's.  Engines were most likely
overhauled in mid-90's.  The boat sat for many years, ran rough for a
while and it was not until late this summer that I got the engines
working well and could cruise at 2800-3000 rpm. (19 - 22 mph speedver
land at that rpm).  After a few hours of cruising the starboard engine
started smoking when I returned from a fishing trip.  The compression
was 120psi+ for all cylinders except #4 which was low at 60 psi.  I
pulled the heads and found that the head gasket had failed.  No water
in the oil just oil in cylinder #4.

I was planning on replacing the exhaust manifolds/elbows and risers on
both engines this winter which is not going to be cheap.  Now I'm
faced with the decision to repair/replace the stbd engine as well.  My
mechanic recommends repowering with new 350's and reusing the
transmissions (approx $22k).  To install a rebuilt 318 would cost $8k -
$9k, including exhaust parts.

Anyone with experience in this area?  Will the 350's be more
economical, provide more speed or be easier to maintain over the life
of the boat.  I'm trying to talk myself into spending the money to
repower the boat and enjoy expensive but some hassle free fishing.

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