Just thought I’d let you know how the “ overhaul “ ended up. After removing the head I Dropped it off to be reconditioned. It was an L18 head so had bigger exhaust valves. The old valves had recessed badly so there was no valve adjustment left on some. 4 new valves and seats all done , skimmed the head slightly. All came back nice and shiny and I reassembled it . With the help of my mechanic freind we pulled the pistons , rods etc. He was really impressed on the condition of the engine even after all these years. Then over the many weeks I stripped and cleaned, polished etc everything. We honed the bore ( stock size bore and rings) and slightly removed an area for the larger exhaust valve on the edge of the bore as described in Crash’s post. New seals , gaskets rings and bearings and carefully reassembled. Set the timing etc , cam chain position etc, primed oil pump and filter and she was ready. Pulled plugs and cranked to get oil pressure up , plugs in and she started first pop.Bolted back up and fitted heat exchanger etc and other bits that jet boats have. Took it down to the local lagoon a few times to do the “run in “ process . What a difference. It goes like a cut cat , Clean instant start , way more power.Crisp is the word. Really pleased with the outcome so many thanks for your help. Got to say it’s been a great experience and considering we did this on an old kitchen table in the garage I’m impressed with the finished product. Cheers again , Paul. Ps if I can get a photo up I’ll do it soon as it looks as mint as it goes.