Swap mercruiser 5.0 for a 5.7

[Usedvideo]

Any tips for an engine swap. I have a good running 5.7 alpha 1 thunderbolt from 1989 to put in place of seized 5.0 thunderbolt from 1991.
Working engine was paired with alpha one gen1
The hull I want to put it in has an alpha one gen2.
Both carbureted,

Will this work?
Thanks

 

[Bondo]

Ayuh,...... Welcome Aboard,...... Bobtail motor, for bobtail motor, it should be a straight forward swap,.....