Welcome to the form.
Cost to rebuild these hulls are very expensive but worth while if you enjoy the work. I would start with the best shape hull as possible unless you just want to do a total build the way you want. A hull that needs everything replaced would not carry a ton of value and could be picked up cheap normally but just plan on dumping 3 times what you think to build it and it may take 3 times as long as well. The mercury 2.5 200 in my opinion was one of the best outboards ever made and would push a 23 hull fairly well. Most guys want 225-300's but a 200 would do nicely just not a speed demon. The 3.0l mercury's have a lot more torque and will push a heavy hull better than the 2.5 stock form.
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Current SeaCraft projects:
68 27' SeaCraft Race boat
71 20' SeaCraft CC sf
73 23' SeaCraft CC sf
74 20' SeaCraft Sceptre
74 20' SeaCraft CC sf
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