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Check out Ben @ Precision Power/Chief Engines in Spring Lake. They do all the work on our 43' and I trust them completely.
needs a valve job at min, 500 hours is about where the heads start showing issues...plus a std 502 EFI is a bit underpowered in a 253 to me
Man, something is really wrong if you are only turning 4500 with a 21p prop on that 502. The original motor in my 253 was a 310hp carb'd 454 and it turned a 22p Bravo to 4800. With 100 more hp than I had in the same hull you should be all over the rev limiter (5150rpm I think) in no time with that 21p. Most people with that motor in our hull are running at least a 24p Bravo prop up to 5000 rpm. IMO, if you want it to last the rest of the season (or as long as it can) I would give up on getting any speed out of it. Find a 22p Bravo (will put less strain on the motor getting on plane) and just cruise it everywhere you go. Then this winter rebuild it back to stock and throw a ProCharger on it, or find a fresh hp500 to put in it. Either way you'll have a helluva Lake Michigan boat. When you do get some calm water, would be a solid mid to upper 70mph boat!!
Does a pro-charger run on regular gas or does it need higher octane?
I'm good with more power for the occasional blow someone away, but don't really want to pay 2x as much for premium for the 95% of the time I don't need the extra power.