The 21 Sea Ray in my signature, a friend of mine bought it from us in 2002 when we bought our (long gone) Sun Runner. After about 4 weekends of use the original 5.7 blew a head gasket, which partially filled the #5 while fueling up, and the engine fired before it hydrolocked. Broke all the main journals. Before the weekend was over he picked up a 4-bolt 350 from a work buddy and they installed it and finished out the season. Then he yanked it and turned it into a 383. He set it up for 11:1 compression. And another work buddy says "I have a set of Dart heads that should wake up that motor!" Buddy failed to inform him the Dart's were 56cc heads, what he was going to use were 72's. Boat ran like a raped ape. He was using 110 octane race fuel so there wasn't much knocking- at least that he could hear

--before the first weekend was over he'd blown the hub out of the SS prop that served me well for 4 years, and also his 2 spare props. And he was losing the hubs at speed, not holeshot. He resorted to buying solid props for the thing. Had it to 59 mph once, at least. But- he didn't have 20 hours on it before the #1 cylinder wall cracked. He sleeved it, it lasted another year, then he broke another cylinder wall, only this time a chunk broke way and trashed the block. It was only after the teardown that someone told him about the heads, and that he'd been running 13-something :1 compression... then the boat sat for a few years, and I just took it back, and it now has a very low hour '83 5.7, which ran great last time I drove it...
So after several years of typical boating and a couple of years of enduring some fairly serious 383 power, the Alpha One took it all in stride. Build yours and don't worry about it
