Re: pulled the head bad news what now?
I was in the same "boat" as you last October. I've worked on cars, but never a boat motor. Since then, with the help of this forum and an OEM service manual (NOT Clymers, Seloc, or any other generic one), I have completely tore the engine down. Yeah, it's not back together yet, ran out of money for a while, but will be finishing it up in another month or two. If you have worked on cars before and are somewhat mechanically inclined, I am sure you can do this. It will really come down to what you want to do with it, and how much you are willing to spend on it.
Whatever the case, if you end up keeping it, you need to find out what caused it before you run it again once it fixed. Don't want to get it all fixed, not find out what caused it in the 1st place, then have it happen again. Mine had the top cylinder scored pretty bad. Carbs were all gunked up, and I don't even know how this thing pumped water with how much sand I pulled from the midsection/water pump area.