I just replaced an '88 Universal M25XP with a new Betamarine 25. Our mechanic friends told me that the old engine could indeed run indefinitely with a rebuild, but after spending several thousand on it, it would still be an old engine.

The new one really does represent newer technology. It's amazingly quiet in comparison. Really.
Some folks balk at the cost. Consider... that a new aux. power plant is cheaper than a new suite of quality sails (the other power plant). For some reason many folks think that an engine change out is more "serious" than a change of sails.
I figure that if you plan to keep your boat another 8 or 10 years, the reliability and pleasure of the new engine will amortize out in more fun and less stress.
IMHO, and YMMV.
BTW, Betamarine engines are all Kubota based.
I have some verbiage and some photos up in my blog at the Ericsonyachts.org site, and will be adding some more. Note that upgrading all of the plumbing and electrical stuff on a middle-aged boat will take more days than the actual changing of the engine!

If the 'devil is in the details' that devil does keep busy....
