Update time with some good news? so far

I pulled the heads. Inspected everything to the best of my ability. Everything looked okay for the most part. Cleaned up the surfaces replaced the head gaskets, intake gaskets and water pump cover gasket. Now it?s all back together and I have my fingers crossed.

I bought cheap oil and filter from oreilly and filled it up cranked it over to get the oil pressure up, I hooked it the hose started it, turned on the water, ran it just long enough for water to come out the exhaust, shut it down and checked the dip stick ?..milkshake.. Defeated once again I went inside to cool off and think of the next move.

When I removed the filter there was still plenty of milky oil left in it from last time I tried to fix it and since I didn?t check the dipstick prior to running water thru I figured it could be residual water mixing with the new oil. So I flushed it 3 times with cheap oil until it started to look like clean oil before I hooked it to the hose again. This time I started it, ran it with water til it came through the exhaust and checked again and it appears to look like oil again!! Great success. Still need to flush it to get %100 clean oil but I think the head gasket fixed the problem! Any tips on flushing and getting all the water out faster? I want to take it for a proper test run. Im not big fan of running in the drive way since I can?t disconnect my drive line.

Thanks again for all your help and the dudes on the Facebook groups!


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Little update
 
I finally tracked down and ordered the proper head gaskets, better intake gaskets and sealant. The plan now is pull it apart inspect everything and rebuild for as cheap as possible and get it to run properly since I?ll most likely ditch this motor later on.
Hopefully the rest of the internals aren?t hammered I really don?t want to put more money into this poor little olds

It?s been a headache. I start the engine then turn on the water. I have Hardin logs and snails plumbed pretty basic, water in from pump to logs to block out thermostat housing back to logs and out. I installed a water pressure gauge on my intake manifold but the gauge read zero even after even with the gate valve wide open. My suspicion is the head gasket or worse case a possible cracked block maybe? Any suggestions on tests to track this down or any ideas before I tear it apart again. I?m also having a hard time tracking down gaskets that will fit the engine is somewhere between 1977 and 1980 and I think only those years will fit. Correct me if I?m wrong please. Thanks every one!

Well the good news is the olds is back in the boat and just about ready to fire up for the first time this season. Unfortunately the machinist I talked to flaked on me. And after some research and shopping around i found out there isn?t a lot of parts available for the ?77-?80 olds 350?s I couldn?t even find a complete set of gaskets for a rebuild so since it seemed to run healthy before I pulled it and it looked clean inside the valve covers I decided to just clean it up and paint the block, heads, and valve covers. Put in a new valley pan resealed the intake, change the oil, spark plugs, cleaned the carb. Regular tune up stuff. Now I just have to add oil, fuel it up, do a nut an bolt check and buy a new battery or two because I?m an idiot and left  :Dignition on for weeks in before I started this projects. If my work schedule permits I?ll take the Morning Wood to silverwood lake for a test run and check timing and replace my trailer bunks while I?m at it. Once I clean it up and all back together I?ll try to get a couple of good pics to post.

Hope every one else is on the water already

I typically only run the river too. I just go to silverwood for annual pre season shakedown. Since I have some other projects going already, I’m just going to pull the 350 this winter and clean it up and go through some things and drop it back in. I wouldn’t mind doing a few budget friendly upgrades while I have it out. If you have any suggestions I’m all ears.

Hey everyone. I recently picked up this 83 charger bubble deck with a 403 olds and berkeley 12JE pump. I rebuilt the carb, replaced the fuel pump, and took it to Silverwood Lake to test it out. The boat overall ran pretty good but it would only get to 4000 RPMs and my gps speedo clocked it 42 MPH top speed. is that normal? I feel like I should be getting more RPMs and the guy I got it from said it would do somewhere around 60 MPH so I'm a little disappointed to see 40. Should I expect more out of this setup? If so how do I get it? Any help is appreciated

just a little more info: the carb is a holley 600cfm double pumper on a edlebrock performer intake. hardin marine thru the transom exhaust. And the engine has some 3A heads I think are from a 350 olds