Akjohn, Bondo is dead on! Teleflex pretty much requires steering cable and helm to be replaced as one unit. Your steering is one of the most important safety issues and you should take it seriously. I know you would like to remove and feed a new compatible cable through the old rotarty helm but it is just that "an old helm". I think any warranties are void if you were to do so anyway. For your safety and passengers, there would be nothing worse than having zero control at the wheel especially if you were docking around other boats and or travelling at high speed possibly causing a serious accident. Don't mean to lecture, but if you were to order parts indiviually it would cost far more than a kit. The kit is the way to go! I went through all of this stuff and asked the same questions and don't blame you a bit for asking. But, not worth lossing your boat or your life over. There is another concern about compatibility with the new cable vs. old helm. As Bondo stated "That's a real antique there" because it really is. Don't feel bad, mine was the old style rack and I attempted the same thing as you and figured out that the kit was the way to go. Go to Teleflex marine and you will find out which cable/helm will be compatible for your needs. I would call them directly at the Limerick Headquarters. As I stated there is a guy in the marine controls at that location that will literally tell you which helm/steering system to but you must give him the year/model and maybe serial # of the drive you plan to use. Google Teleflex Marine in Limerick, PA and look for a phone # on one of the sites. It will be there, just gotta find the right one. Call directly and tell them what you are trying to do. They were great and after the call, no more guessing and you will be given choices depending on engine,performance etc. They also make throttle shift cables for just about anything marine. However, they are the manufacturer and do not sell directly. You will have to order through a reputable retailer. I'm sure marineengine.com might be able to order them for you but you need all the #'s that you get from the guy at Teleflex so they don't try and send you the wrong ones. Don't laugh but it happened to me with the throttle, shift cable. Don't forget to take careful measurements using the formula for cable length which should also be on the Teleflex site. (don't want cable too long or too short or you will be disappointed and I believe they are not returnable. Just trying to make sure you don't make the same mistakes as I did because I had to learn as I went through all of the nonsense. lol Anyway, you don't have to go with the more expensive systems like I did and I am pretty sure it should no more than $150-$200 for the kit you need. Also make sure you read all the installation directions.
Make sure you don't turn cable 90 degrees without at least 6 inches of turning radius. It will shorten cable life or possibly worse. Oh yeah, the nightmare is coming back! lol Don't forget to get the lubrication nut kit with a zerks fitting on it that connects casing to the tiller so you can hit it with grease and not let cable seize up again. That's probably how it broke in the first place. I did not do it and I constantly have to keep shaft lubricated and clean. Just makes life a little easier, that's all. Boats that sit are doomed to this and alot of other problems so be ready for more problems to possibly occur. Depends how they are stored,maintained,and cared for. Ask me what I did for two hours today! You guessed it right, I worked on my boat! lol Two blown fuses due to a bad ground dangling, cleaning bilge pump housings of debris, fuel gauge connections oxidizing causing gauge to malfunction, short caused 6 amp fuse to fail in vhf radio, replacing impellar and housings on raw water pump and waiting on part, etc.,etc.,etc. In other words, "It never ends!" Lots of people have no idea what it takes to take care of a boat until they own one. The problem being, if you don't meticulously do routine maintenance items and also many unforseens, there is a very good chance you will be broken down and getting towed back to the dock. It can still happen even if you take care of your boat, but I feel your odds are alot better of having some quality time rather than trying to diagnose and fix out on the water. (That sucks) Alot of things can't be fixed on the water, that is the problem. all the best, Tom