Thansk for posting that info! I have the same boat with a Yamaha 700 upgrade. Just purchased it and am in the process of going over the engine to make sure all is well. I have zero experience with these boats and these motors, but I've already (as you have) answered a number of my own questions...
I'm almost completely new to boating. I just picked up a 1989 Forrester 157 Phantom in solid hull but rough cosmetic condition, with a Johnson 70EL760 motor. The previous owner had no maintenance records. All I was told was that they had started the engine each year to make sure it was in...