Well, have make significant progress with the 2008 4.3 L mc bayliner. Really appreciate the input. Completed new carb kit install, new plugs, drained and checked tank for contaminants (none found), 2nd new fuel filter (no water in new removed filter), new distributor cap and rotor (fixed engine acceleration bog at 2200-2800 rpms). Rotor was so rusted on shaft, had to split it to remove. Still have not checked timing but reviewed more literature. Apparently the 2008 TKS has a single wire coming off the electronic module with a rubber plug that requires grounding to get base timing. New info did not mention need to connecting the shift interrupt leads.
The response that the shift cutout leads need to be shorted is confusing. Logic would indicate that connecting these leads would short the ignition system and prevent engine from running. Would have the same effect as when the switch is activated in shift from forward to reverse???
Can't find any timing plates/marks on the crankshaft so having done timing. To recover timing marks or creating them on pulley by setting the #1 piston at exactly TDC on compression is difficult Thinking maybe my inductive engine analyzer for electronic ignitions, that provides dwell, would work as well w/o need for timing light. ??
Last question; the new distributor cap has a small hose fitting installed on side. Does this have any function since ignition advance is done by the electronic module? Would like to plug and eliminate moisture getting into housing, reduce shaft rusting.
Thanks again for all the input.