On Wed, 17 May 2006 16:37:31 GMT, Don W
wrote:

What do you think?

It depends.

How are you going to use the boat?

Ocassional weekends; light duty coastal for 2 or 3 weeks at a time;
liveaboard coastal - constant use; extended cruising in the boondocks?

For ocassional or light duty coastal usage I'd leave it as is,
maintain the engine well and flush it with fresh water before any
extended down time. Keep an eye out for cooling system issues, leaks,
etc. It may surprise you with its future longevity if well maintained
in the past.

For constant use or cruising in the boondocks I'd probably consider a
new engine at some point. In my opinion it is already too old to get
much benefit from a FWC conversion. The damage has already been done
and is irreversible.