Bass, no experience here except for installing a hydro system on my V.  I can tell you that before you add oil you can turn the wheel and the motor won't turn.  Add oil and it will turn.  I'd say adding oil and bleeding should fix your problem (most likely).
		 
		
		
		
		
		
		
			
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1994 Wellcraft V21
			  
		
		
		
		
		
	
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