Unfortunately, the five-degree clutch dogs did not solve the problem, and in the following year, OMC re-diagnosed the trouble as sticky shift cables. Cobra owners got another letter, inviting them to deliver their boats to an OMC dealer for a free redesigned cable. OMC would replace any cable that failed for free, and if a cable failure destoryed a gearset, OMC would replace the gearset too. The last time I checked (1997), a Cobra gearset was almost US$1000 (labor extra).
OMC finally ended this extended warranty in early 1994. I belive the redesigned cable has truly fixed the problem. Alas, many people in the marine business clearly rememberd the gearset troubles, and forgot (or never heard of) the subsequent cable recall and resolution. Many of these folks are "still around," and they have contributed to the Cobra's (undeserved) troubled reputation today.