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Originally Posted by insptech
The 7.4 and the 8.1 engines are different generations so the accessories will not bolt up. You basically need a dressed 8.1 to do it. The good news is that the mounts and bellhousing match up so you are o.k. there. Dave M. here on the board did this swap with his 24 Superboat and it came out nice-he can probably give you some pointers and needs to get it done right. If you can get a take out engine complete the job should be fairly straightforward.
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So the 502's ( they are complete) would work ?
There was someone on OSO that was selling low (10-30hr) 496's .... Some of them....if not all were Volvo's and seemed it was a good swap for the mercs