I'm no expert, but I feel the less holes in the transom the better. On the bolt issue, as long as they mate with the engine mounting plate properly, I don't see any big deal with running regular stainless steel bolts instead of paying out the wazoo for some from mercury.
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1985 Wellcraft V-20, Evinrude ETEC 150: SOLD
1979 Marine Trader 44, twin Ford Lehman 120s
2006 Panga 14, Tohatsu 20
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