OMG... I'm in love...
it's one of my fave mill packages... luv that long block.....

the intake, while "cool as fug" looking, is a nuisance for pressure readings, injectors, etc...
what's the fuel cooling setup? does it have the pump box below the alt or maybe the plastic cool fuel down by the pan?
and yeah, that's mephi4 stuff... solid platform... not sure of your cheapest reading capabilities.. basic laptop and a couple hundy cable/software kit would prolly get ya to data... the newer 555's have a bunch more info...
ya buy it.. feel free to hit me up... unfortunately I'm stoopidly versed in sterndrive Bravo 3 stuff that you'll generally see...
last mill like that I had in the marina was a 36 Formula with twins... long blocked one side, intake on other, all exhaust, yada, etc.. good customer Charlie, dug that boat... and he tried to stay on top of it.. pulled/serviced the drives every yr..... bellows, pucks, yada as needed..
ok, sorry, I get squirrelled...

umm, yeah, flat cap dizzys, if it has one.. they have been problematic over the yrs in a couple ways.. good setup, just need to make sure you have fresh OEM cap on it...
and yeah, that chine is relatively rough.. few precautions and approaches to a repair like that.. but I could walk you thru various methods easy enough.... structurally it's not that bad.. few processes and steps... the "no bottom paint" part brings the suck a bit..... you more than likely wont "nail" a gel color.. but if you keep it tight, backtape on your peak/joints, it'll only be noticable to you...