I've only had this SSV-177 for a year. I've been finding and fixing it's problems over that time.
I see from 1978 vintage price sheets that SSV-177 boats shipped with Mercruiser 140, 165 and 470 engines (never with 120s).
http://i131.photobucket.com/albums/p286/Hyperacme/Glastron%20Price%20%20Specs/1978_2.jpgThe seller of my boat told me they had swapped in a different engine, so the engine was good. That explains how a Mercruiser 120 got into an SSV-177. It also explains why the engine temperature sender was a gauge-sender rather and not an idiot-light sender. This SSV-177 had a TEMP idiot light, rather than a temperature gauge in it. I put a temperature gauge in this spring, so I could tell if there was an overheat problem or not. Thus far, the temperature gauge has never risen above 160. It usually comes up to 150 and stays.
I've been pretty gentle to this Mercruiser 120 engine during this 2014 season.
We've had it out for about 6 or 7 cruises with RPMs between 1000 and 2000.
The cruises have all been like this one, from Friday night:
https://www.youtube.com/watch?v=IBYh7uswcnoWhen I've throttled up to 3000-4000 RPM, I usually don't run it that fast for more than 1 minute at a time.
I've not had it at 3000-4000 RPM more than 5 minutes total, this season, I would say.
I ended the 2013 season with a fresh engine oil change, so it was full and clean.
When I checked the oil after cruise #5 (of 2014 season), it was down to the very tip of the dipstick, below the Add A Quart line. The oil is very clean and clear, not dark and dirty. I don't see any oil down in the bilge area below the engine, so I suspect it's all going out through the engine and exhaust system.
Maybe this explains why the spark plugs were so sooty when I changed them last fall?
Short term, I'm going to keep adding new oil as it uses it.
Longer term, I think I need to get a mechanic to look at this.
What should I ask a local mechanic to look for?
Eric