Trailering - engine up or down?

[nipper]

It really depends, I think, on the height of your trailer. Mine is relatively low, so I have to keep the outdrive up. If you can put your outdrive or motor down and still have a foot or so of clearance, I would tow with it down. The throttle should be put in forward, however, so if you do hit something, the motor or outdrive will pop up and minimize damage.