If it were me Johnson, I'd run them out the sides of the hull instead of through the transom. Don't need to drill any more holes in the wood at or even below the water line than you have to. I would wait to hang the outboard first and see how she floats before drilling the new ones too. You want them to be as high as possible, but they need to drain well too.
p.s. I can tell thats gonna be a sweet looking V.
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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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