Great first post. I like minimal gauges, tach, water temp and oil pressure. Maybe water pressure. Gas gauges and Speedos rarely work with any accuracy. I installed a mechanical fuel gauge that does work well, but the electric ones I always just disconnected. Spider cracks I feel aren't a big deal and even if fixed correctly will sometimes come back. Sounds like that coolant is going somewhere, hopefully not in your oil. Are you making oil or any sign of chocalte milk? Hopefully just a hose clamp, any coolant smell in the engine compartment? Seems like a lot of guys like those 3.7s, someone else with knowlege will chime in. Cfelton has the same engine I believe and has done a lot of maintaence to it.
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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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