Thanks for the advice everyone. Thanks for the tip about seperating the shaft from the engine! Plus the bag, sounds like real world advice here! I am not afraid to try and do all the work that is required on the boat but I like to know ahead of time what might happen. As I get older I do research BEFORE I jump it...wish I did that in my youth!
I am getting the last of the parts I need from Bud on Tueday so I hope to have the engine running by the weekend. At that point I will leave the boat tied up to the dock and work the transmisson through the gears. It has been awhile since this has happened. I will check the stuffing box by feeling how hot it gets. I assume it should maybe get warm but not hot. I'll post again here when I get the engine running and the shaft spinning.