Re: 12 hp sea king oil ratio and carb settings
Oil mix has less to do with motor engineering and more to do with oil technology. What is available today is leaps ahead of what was available in the 50's, which is why you can run less of it.
BUT, if you're unsure, its better to start rich until you're comfortable with it.
Of course, if you're running 16:1, you're running a rich oil mix, but you're running a lean air/fuel mix, so keep in mind that it may run like crap until its retuned/rejetted. Also, carry extra sparkplugs, and maybe go a heat range hotter. You'll most likely foul plugs.