JC
What year Marinette due you have?
The 1" rubber spacer is a GLOBE Drive Saver. These are a very expensive replacement for the original fiber spacer between the couplings. They are part of the isolation system, by the way the original spacers are no longer available.
The way to check your trans coupling to your shaft coupling is to remove the rubber drive saver and pull the two couplings together. The boss on one coupling fits into the other. From your post it sounds like your strut is out of alignment. On mine the strut was bent, I repaired it and when it was re installed the shaft would not go threw the stuffing box tube. I made up a spacer tube with outside diameter of the stuffing box tube and the inside diameter of the shaft.[note] I cut it in half after makeing for easy removal when alignment was finished. Remove the stuffing box after you remove the shaft from the boat. Install the spacer tube. The strut needs to be removed as well. Now put the shaft threw the spacer tube and temp install the coupling to the shaft. Pull the shaft coupling up to the trans-engine coupling. If the boss of one coupling fits into the other than this is good. {note} The stuffing box tube is fixed, cant be moved, but the trans-engine and the strut are adjustable.
If the boat was running good before the strut was bent chances are the trans-engine to the shaft alignment are close.
If so you can now install the strut on to the shaft, you should notice that the strut should pass by the out side of the rudder. You can now determine what shim you will need if any to attach strut to bottom of boat. after you have done this check to make sure the shaft turns by hand while the coupling is bolted up to the trans.[use two bolts to temp hold couplings together] If everything turns freely, remove temporary gage that was installed in stuffing box tube and remove coupling and reinstall packing box, its a good time for new packing. Re install coupling to shaft and re install prop. After launch in spring you will need to fine tune the trans-engine coupling to the shaft coupling. The boat should be in the water in order to check alignment. Than you can re install the globe drive saver.
Bill

for you
"ALUMINATION"
1975 Marinette 37' Fly Bridge Sedan
Twin Chrysler 360 cu in - 250 hp
Grosse MI - FYC