Step, I agree on checking all possibilities. I spent almost $100 and worked for around 6 hours over a period of 2 - 3 days trying to bleed air out of the system. I had it moving up and down smoothly while not under load and moving up very slowly under load, then it would very quickly leak back down. My downfall was actually getting too much fluid in the reservior which lead to causing the reservior to crack and spew fliud across the shop. A new reservior is $160 ish. Had I not blown the reservior I'd still be working on it. My time and frustration is worth something too..... and those fish aren't going to patiently wait while I fiddle around in the shop pretending to know what I'm doing.
If you are interested I'll sell you my non working unit at a discounted price. If you can get it working good it is worth anywhere between 700 - 1000 on the market. Or you could part it out for even more $$. Like I said it now needs a new reservior (made of cheap plastic). Cosmetically it is a 9 out of 10. It may just need a new manual release valve screw. You can buy a new one for $120 ish and "try" that. You could also buy all new seals and replace them too (if you can get by without wringing bolts off). Anyone else interested in it. Make offer.
I also have a 14.25 x 17 RH stainless prop in like new condition that needs a new hub pressed in. Make offer.
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1994 Wellcraft V21
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