Prop Overload !
Had same problem on the 74' 35II.
Rebuilt the injectors. Dumped all the "old stinky" fuel. Installed a 2 micron
pre-filter. Changed air cleaner element.....still ran at half power and belched
black smoke. Our local resident "real" dock mechanic helped me with all this
and was still BAFFLED! He said the prop must be bound up. We inspected the
shaft turning out of gear and the shaft was free.
So.....I dawned my snokel and mask......and dove down to inspect the prop.
There was no prop, just a thing that looked like an underwater Christmas
Reath ! Maybe I should get a hull cleaning service....eh?
I have since cleaned the prop, replaced the old rusty steel tank and have a
monthly hull cleaning service. The boat runs GREAT !
I am also glad that I prefomed ALL the other upgrade installations, now I have
a service record on a 30 year old boat with a sketchy past
Ya just never know...do ya !
Good luck on your engine project
Dan Simpson
Merlin
1974 E35II
Oceanside Harbor, CA