BBC'rs-
I have a 2004 196 Champion with 200L Merc Optimax (822hrs). It's been a trouble free combination since brand new. Always fresh fuel, factory maintenance on motor, Optimax oil, and Im not a high speed run and gun tournament guy. Most of my runs on local lakes are relatively short and at 4000rpm cruise, although I do run WOT now and again. Never had a single knock, squeak, smoke or stutter ever.
Yesterday, I launched and warmed up at idle for about 30 minutes. Jumped on plane and was trimming the motor when I lost power suddenly and motor made many strange noises. Pulled it back to idle and turned it off. Im guessing blown power head, broken reed valve, injection pump failure or ???
My questions for you veterans-
Do I compression check first then try to diagnose the problem?
If compression is off or variable, do I start looking for power heads and a certified Merc mechanic to rebuild?
Do I repower with a new 200 Pro XS?
I love the boat and it's in pristine condition with Ultrex, big screen electronics, new batts, tires, boat cover, etc., etc. Selling isn't an option, but Im retired and finding an extra $10-25K to spend on rebuild or repower will be painful! I'm in Helena, MT a long distance from many factory Merc mechanics, and I'm in a tight spot!
All suggestions greatly appreciated!