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I have a 2000 Honda BF130 on my 1988 Outrage which replaced the original 150 Merc when my dad had the boat. The weight does cause the splashwell drains to go under when I am standing towards the stern but only by an inch or two. Parts cost more than other brands (I just replaced the power trim/tilt caps and seals which just started leaking oil for $800) however, the reliability and fuel economy are second to none. I run a 12 gallon above deck fuel tank stored under the leaning post (the 63 gallon inboard is empty, clean and dry) so with the economy of the Honda, I do not need as much fuel, I am burning about 1.5 to 2 GPH at moderate cruising speeds and about 3-3.5 GPH wide open reaching top speed of 48mph.
If I was ever to repower, I would consider the E-Tec or another Honda.