I'm literally in the same boat :roll: :sorry
Ok ya, I have an 204c Overnighter with a Suzuki DT225 that has had something let go in the powerhead so I have been looking around and crunching the numbers.
The price of a new motor can be restrictive enough and that is probably the reason we both have Suzuki's hanging on our boats as they were priced way under what other manufacturers offered.
One way Suzuki saved money in producing that engine was to make pressed rods and crankshafts. That save money in manufacturing but weren't as strong, and replacement shaft assemblies are no longer available from Suzuki.
Since our boats were made, the world went 4 stroke so our real problem now is weight.
The DT225 V6 weighed in at 470 lb.s. Most V6 4 stroke 225s go better than 600 lb.s. Though boats are rated for max Hp there is a hidden factor in giving a maximum size for a given boat. It was fair to assume a given sized motor weighed a given amount.
Outboard motors were all 2 strokes and were around the same weight. (225hp = 460 - 520 lb.s)
So when they say my Overnighter max's out at 230 hp what is also being said is that the transom is topped out at supporting around 500 lb.s. give or take.
While the 225 hp is the same the 600+ lb. 4 stroke isn't what Grady had in mind when they built the Overnighter.
As for your Seafarer, Grady rated it for a max of 280 hp so you may be able to get away with a 225 4 stroke.
I'd be close though.
I have seen Seafarers powered by 200 hp motors and if you don't mind stepping back in power Yamaha makes the 4 stroke 4 cylinder F200 that weighs 489 lbs., 19 lb.s more, well I'd call that to be as close a match in weight as your going to find. It'd probably be the best choice in dependability too.
This link to the Grady brochure shows a 200 Johnson on your boat...
http://www.gradywhite.com/customer/cata ... s/1989.pdf
I have also been considering a re-manufactured Mercury 225 EFI from Almars in Delaware. They offer a 3 year warranty.
The 2 stroke keeps the weight the same too.
Theres also better than a $6,000 difference there between the new Yamaha and the reman Merc. I shelled out cash for my boat only a year back and having the engine quit so soon hurts my budget to replace it.
Almars marine has a really good rep with my local Grady dealer pointing me in their direction. The 3 year warranty they add is a must.
One other thing I'd have to note is if you do opt for one of the heavier 4 strokes make damn sure your transom can support the weight it did when it was new. A wet transom or any other issue it or the bracket will reduce what you can get away with.
I hope I gave you some help and I wish you luck with it.
Mike.