According to O'day....
the maximum recommended HP (longshaft model) for the 22 is 15. This is from the O'day spec sheet/brochure for the 22. Check out the link on this site for "O'day Manuals", and select "specs/diagrams". The 22 diagram is actually for the later keel/centerboard model, not the stub keel version you have; however, I don't think the weight and hull shape changed much at all between the models. That being said, I have an electric start Evinrude 9.9 on my 23, and it is a pretty heavy beast. However, since I don't race, I can't see how a lighter engine would make any difference to me, except when installing or removing the engine. When properly adjusted, I think it pushes the boat at hull speed (as fast as she can possibly go). I have had very experienced skippers on my boat who have told me that the engine is bigger than necessary. However, both my wife and I really like the electric start feature, and are willing to have a slightly less efficient set up in order to keep it. I think the smallest engine anyone makes with an electric start is the 9.9. If you don't feel the same, then you could definitely make do with a 6. all other things being equal, I would go with the biggest engine you feel comfortable with. You don't need the power moving in and out of your slip, but you will be happy you have it available when you are punching through a nasty chop with the wind and current against you. Remember, there is no standard definition of "long shaft" so shop around; the longer the shaft, the better it is for a sailboat. By the way, if you are thinking of buying a four stroke outboard, make sure that your outboard bracket is specifically made to handle it. 4 strokes generate much more torque per horsepower than their two stroke equivalent and need specially made mounts to handle the loads. It is not just a question of engine weight. If the mount on your '72 is original equipment, it cannot handle a four stroke. In fact, most new brackets are not made to accomodate a four stroke. Those that are should be clearly advertised or marked as four stroke ready. Four strokes will deliver more power at a lower horsepower rating, are much cleaner and quieter, and do not require mixing oil with the fuel. However, they are more expensive to buy, and weigh a lot more than two strokes.