Re: 1964 merc 850 6cyl lower unit compatibility
Those L/U's will fit, but not without modifications.
You'd cut the shift shaft of the later-style L/U to the same length as the '64 L/U. Measure from the mounting flanges of the old L/U for correct length. Chamfer the end of the cut shift shaft and deburr the splines, and it should slide right into the shift coupler.
Next step is to cut a chunk out of the plastic reverse lock spoolpiece, and modify the brass shift cams so the reverse lockout hook works correctly (i.e. locks down in both Neutral and Reverse).
As I recall, I flipped the cams upside-down, such that the upper cam with the 2 "tangs" went into the shift-shaft cavity in the lower unit, and the lower, round shift cam went down onto the shift shaft to mesh-up with the other cam.
Had to grind the upper cam to fit in the shift cavity.
It's been almost 30 years since I did that mod, though! You'd have to carefully fit the pieces and make your measurements so the lockout hook latches down like it's supposed to, as I can't recall the exact measurements, etc.
Lastly, the 850 has no exhaust tube. So, when using a later-style lower unit you'd need to cover the little side-vents with a plate (or other material such as epoxy to plug 'em up). Otherwise the exhaust noise thru the vents will be quite loud.
Any '64 or earlier FGS (Full Gear Shift) Inline Six L/U will fit without mods. Also from a 650-4 of same vintage.
Otherwise you'll have to source a later-style L/U and do the alterations.
HTH.............ed