Join Date: Nov 2005
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I lifted my MDIIB motor out of my Rival 32 a number of times. If you are already on the hard, and using jackstands, I wouldn't bother with using the boom and the main halyard to lift the motor out. The first time I lifted my motor was when she was in her cradle and I hired a small boom truck to lift the motor and put it into the back of a small pickup. The cost was minimal and there was no hassle. The other times I lifted the motor I used a 4"x4" across the companionway and used a "come along" hoist. No problem whatsoever.
With respect to rebuilding the engine, I did that myself as well, everything was within original specifications, but the block had to be replaced as it rusted out. That was 6 years ago and the engine has been very dependable since. My advice to you would be to make sure you take your time, keep a clean workbench, label everything and keep components together and of course make sure you have the workshop and parts manual.