You may consider one of these, allows to raise/lower the engine on the mount. Not cheap though, maybe you could find one on ebay, craigslist, or a local consignment shop such a Bacons & Assoc in Annapolis?
Defender.com Search Results: motor bracket
If you choose to fix the one you have, marine plywood coated with epoxy should last a very long time.
Shawn & the crew of S/V Windgeist
1982 Tartan 37 CB - Hull #358
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Last edited by T37Chef; 06-21-2011 at 01:53 PM.