Can I tow a boat with a toyota?

[garlicbreath]

Just curious, I have a 17 foot cobia with a 120 mercruiser I/O
and with the price of gas, would rather tow it with a 1994 toyota pickup 2wd instead of my 11mpg lifted blazer.
I am 15 miles from lake ontario, so thats not bad, but I would really like to take it to the fingerlakes, which are a good 35-50 bucks in gas away with the blazer.

I am pretty sure it would tow ok, but could it drag it out of the water?

 

[mxfireman]

Depends...... Sometimes I could tow mine out in 2wd but most times it was 4wd hi to get mine out with my little yota.