On a FEW occasions I have sucessfully installed new core plugs ( thanks Jeff ) & the motors lasted years. Use new plugs & put a gasket sealer around them when you install them. Start motors on a hose don't launch because you may have to pull it right back out. don't reve the motor just let it idle so you don't do major damage if you have water in the cylinders.Watch the oil if you start to get a milk shake your done. If it runs let it run long enough to build up plenty of heat in the block, sometimes cracks do not open until hot.
If you get any water in the motor just replace them, freezing & SALTWATER have killeed them.
I prefer to use long blocks as opposed to short blocks because builders will usually give you a better warranty on long blocks.
As yooper said NEW stuff with EFI is the ultimate way to go but a little more expense & a little more work. New motor mount location & adapting wiring harnes's
Dave
1986 32 Flybridge - Express "Steel Head " (formerly fron Lake Erie, East Lake OH)
5.8 Chryslers 275hp each.
Charleston Boat Club Kanawha River Charleston WV