Yes it has been a while, and the boat has been thru much. First engine I had in it was an 84 6.9l. Engine ran great until one return trip when it lost power badly. Went from a speedboat to a tugboat. Never could figure the problem out. I still have the 6.9 if anybody needs one for parts or whatever. Found a 88 7.3l for $700. Got it all checked out and put together. It ran ok, but not great like the 6.9 did. Unfortunately the boat sank for Hurricane Rita. The motor was under salt water for a week. Not wanting to take a chance, I found a 3rd motor in a junkyard for $400. It's a 93 7.3l which runs just fine. This is the first problem I've had with it. I sure do know where to go when I have questions though!
Theres a better and more current photo of the boat at
http://cajun.webhop.net/images/boatallset.jpg
I understand what you mean about the click on the fuel cut off. Don't know all the tech terms, but plain english works for me. I know there has to be power in 2 places on the ip to make the engine run. I'll be sure to go back and test see if the click happens or not. Click=good, no click=bad.