i just bought a 1979 hammnd with a mercruiser 260 in it and it runs well. the guy i bought it from used it for the netire week before i bought it for skiing. the day i picked it up it ran great and i drove it with no problems. after i let it float for a while i realized that it was taking on water. the leak is somewhere aound where the shift cable runs through the dive, but i cant find any problems with the boot on the shift cable.