you will have to define "digital electronic ignition"...
If you meant to say "DDIS", that system pre-dates your engine (assuming its original ~ 1999), I'd suggest staying away from that ignition as getting those parts has become a real challenge...that said, if the engine is in good shape and...
vacuum advance unit on distributor = auto unit = extremely UNSAFE in a marine environment....if you don't believe me, ask you marine insurance agent....
I would replace it with a marine rated unit....
The big difference between the two rating classes is that the marine units are 'sealed' so...
two more items you can check:
1) the neutral safety switch...ie make sure the shift lever is in N... & 2)
Not always a good test....the wiring thru the harness to the dash and back to the solenoid typically won't handle the current required to close the solenoid consistently...and its alway...
it would never hurt to prime the oil galley...that said, will the little resistance the rotating mass has, I wouldn't said it is essential at this point...
I think it would be more meaningful to do the voltage drop measurements from point to point...first would be from + battery terminal...
IF it is the lower shift cable binding up, the best repair is to replace it...anything you can do to it is only a band-aid.
FWIW, the interrupter switch, when functioning correctly, only closes when shifting out of gear...not going into gear...
And I'm pretty sure your idle speed is set too...
another thing that came to mind...and I don't have a lot of experience here...is that since the outdrive was redone, its possible the issue is there...so it may be worth the time to remove the drive to see if the 'engine drag' is still present...
Dielectric grease is an INSULATOR and should NOT be applied to electrical connections when they are made...applying that grease over top of a connection (after it is made) may help in excluding moisture.
depends upon your batteries...newer technology batteries are more sensitive to charging...
you didn't say which version....most come with a holley 4160....so you can likely find a 'how to' on you tube...
remove the flare nut fitting to get the fuel line out of the way, remove the retaining nut (slowly), remove old filter and gaskets, replace new parts, tighten things back up...