Cat - As you're finding out, there is lots of good advice on this site, from people who have direct experience with old Aquasports. I'm not as experienced as some of them, although I've built a racing sailboat and 'renovated' a couple of fiberglas boats. Anyway, on my '75 170, the tank is under the floor...27 gallons and takes up 'zero' room under the console - storage is at a premium on these little boats. Also lower center of gravity and keeps the fuel weight out of the back of the boat. I don't think you could get 27 gallons under the console. Miller's Machine & Welding in Kemah can make you a high-quality tank to your dimensions.If you rebuild your transom (a good idea), you might go a little higher at the top, if not all the way to the gunwales. There are lots of lightweight brackets that don't put the motor too far back (not talking about a jack-plate), but you'll find that the original transom occasionally lets wakes splash over, and backing down in a chop will take waves over the original design.Last suggestion...move the battery, battery selector and fuel filter into the console. (If you have room) Again, my boat has a forward seat so I have easy access to those items. But the less you have attached to the transom, the better. Plus it's a cleaner look, less corrosion on the battery, etc. Whatever you do, the boat will look great...people compliment mine all the time.