Re: Lower unit swap 55 to 45 question
I don't really know model numbers. If they are both long shaft or both short shaft engines, everything is the same, including gear ratios. That is, provided that the 55 is NOT a one piece lower unit, or two carb engine. Just bolt it on.
If the two engines are different shaft lengths, you need to swap the drive shafts and shift rods. If you remove the water pump, the drive shafts will just pull right out of the lower unit (they are splined to the pinion, but the pinion is located by a ball bearing.--So there is no fuss there). The shift rod simply unscrews and if you are careful not to disturb the shift or gears, it will screw right back into the other lower unit.