Are you sure it is the block? Your post isn't clear on where the failure is. A good welder can weld cast iron; we have done it to older exhaust manifolds, etc. Several years ago, I bought a boat cheap knowing that the block was cracked and intending to replace it. Just for grins, I pulled the intake manifold and found the block was cracked behind the pushrods #2 cylinder. (Small block Chevy) We purchased some NiRod, which is cast-iron spec. welding rod, and welded the crack. The repair has held just fine for about 10 years. It might or might not be an option for you, but I would find out where exactly the failure is, before making a decsion on which way to go. Do you have any mechainical skills or do you have friends that do? If it is the cylinder block, and it is unrepairable, I would think about buying a fresh short block and transferring my heads, pan, etc. to the new engine. This is an option if the engine hours are relatively low, and the heads don't need freshening. If it is a high hour engine, then you should step for the long block. Unless you are going to sell this boat as soon as it is running again, I would avoid the low-$ factory GM crate 350. The heads do not flow very well, they are not intended for sustained high RPM applications. There are other GM crate engines that are more $ but are still a good value. If it is a Chevy, and you find you want to invest some $ and put a strong running engine in it, you need to do some research and find out what will work with your application. If you are carbed, now might be the time to step to an aftermarket F.I. system. Edelbrock is marketing some crate engines that might be interesting in a boat. If you already have an EFI engine, then you need to stay close to home with the cam and displacement, or the electronics might not "learn" to work with the new parts. Lots to think about, and if it was my $, I'd want to get the best bang and HP I could. Just my opinion, good luck and let us know what you discover and decide to do.
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