Re: 3.7 mercruser engine question
My understanding is that it is a standard chevrolet bolt pattern...
and that they make neat 4 cyl hot rod motors... aftermarket ford big block aluminum head (and corresponding exhaust flanged header), reground camshaft, seal water pump drive area off with a freeze plug or similiar, run external one, replace stock alternator with one forma car, etc.. do a search on the HAMB message boards, several folks there have done major work on these for use in light roadsters, etc...
Hope this is helpful