GOOD NEWS. . . . The PICTURE UPLOAD FUNCTION IS WORKING !!! The tech folks at the parent company have been able to remedy the issue. You can upload pictures once again. Thank you for your patience.
I don't think I would go with SEI anyway. Their paint is really fragile. Not so big a deal with a removable component, but a transom is anything but easy to remove and repaint.
Thanks for the replies. I am in North Carolina.
At the very least the transom plate needs to be replaced. I had to cut one of the engine mount bolts off because one of the ears that captures the nut was broken. The bell housing and gimbal ring have quite a bit of corrosion from being in salt water and the tiller arm is very rusty.
I am thinking new because I want to do this one time. Quicksilver is $2700, SEI is $1700, and I've seen clean used ones for $1100. Of course any used one will likely require that all the bellows be replaced.
I bought a complete OMC Cobra transom assembly including the trim rams for $450 from eBay. It’s in very good shape no corrosion or damage, so keep looking if anything there are way more Alphas out there than Cobras!