Back for more motor advice...

[LadyLuck]

23' CC 1974 Alright, i have a decision to make with some real numbers now. 2 1990 evinrude 120's were looked over by a trustworthy local guy. One is shot and must be rebuilt, he is telling me 1600 for this. the other has 100 all around on compression and am told needs need seals and some other minor work. he wants to send off the ss props for repair, do some work to the lower units on both, paint them and convert them to run on oil/fuel premix. He has told me for 4-5k this all can be done and they will look and run close to new. Should I go for the repair on 20 year old engines (is cost reasonable) or find something a few years old maybe a 250 4 stroke or twins of some sort and spend more money for something newer?
Open to any advice.

LL