The 318 is a good strong torque motor but old. If I went to 350 or big block 
even better I would want the roller rockers, modern vortec head and fuel 

There are only two ways to live you're life One is as though nothing is a 
miracle, The other is as though everything is a miracle. I believe in the 
latter."
-- Albert Einstein

On 2010-12-05, at 2:41 PM, Suzy-Q <[email protected]> wrote:

> You guys are great!  I'm a rookie at this and appreciate all of the
> help. I will get a couple of other quotes and consider all of the
> options including replacing the head gasket and hoping for the best.
> I can save a lot of money for gas and tow rope.
> 
> On Dec 5, 2:01 pm, Suzy-Q <[email protected]> wrote:
>> 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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