More about Ralph's comment...
Palmer, I think Ralph gives you a reasonable benchmark to measure your stuffing box against. Just to emphasize it, we installed the teflon packing he mentions (a green material inserted between 2 rings of flax packing) and put 1300 hours on our engine over 2.5 years while cruising the East Coast and Caribbean. Perhaps 2/3 of that engine time was propulsion (vs. engine charging alone) and I only needed to tighten the stuffing box once. It is difficult for me to rationalize the expense - and sometimes subsequent problems - of 'dripless' add-ons when I get this kind of performance from a $50 purchase that's lasting 4 years after it was installed.I would recommend you buy the right tools, remove the old flax packing at the first opportunity (to insure your shaft doesn't get too scored...) and replace it with the product Ralph & I are discussing. You will then be equipped for doing this with any subsequent boat indefinitely and, in the meantime, enjoy the service good packing should provide you. And BTW, doing this when when the boat is on the hard is a lot easier if doing it for the first time. Good luck!Jack