Re: silicone for outboard mounting
3m 4200 is right. DO NOT use silicone it will not hold up and has no adhesive ability.
Use large washers and put a nice coat of 4200 on the boat side. WHen you tighten the lock nuts (Use stainless steel bolts, washers and nylock nuts)be carefull not to crush the washer into the boat but, tight enough to squeeze out some adhesive.
I usually coat the holes in the transom by coating the bolt to seal the transom core.