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Bigshrimpin,
Do you think I can bolt on a 25" shaft and set it up a few holes to set the plate near where it should be relative to the hull without getting into too many problems or lose to much performance from the engine?
Looking at this pic . . . The holes on the bottom will only let you go up one notch (1"). 24" is still too low . . . You've got 3 choices . . . Drill new holes, get a jack plate (manual jackplate $200 bucks, or redo the entire transom to 25" correct height.