Re: Cord on Merc
Denfinitely a speedo pickup tube. You'll likely find the small hole at the front of the gearbox will be plugged with debris. A small drill bit, twisted by hand and a little air pressure on the free end of the tube should clear it. I'd agree though, if you already have GPS...no need for the old pitot style.
Where do you go boating? I'm in your area. Just curious, as I'm always looking for new areas to go boating, skiing, tubing with the kids.