Fletch - this is completely my opinion, and as you know, "everybody has one". I defer to Gran, SeaBob, Circle Hooked, Fission, etc: Please correct anything I've said here...I'm not a mechanic...and you guys are all far more knowledgeable than I.Anyway: My 170 is powered by an 88 horsepower, 1996 Johnson SPL 2-stroke. I'm happy with it, but it's just a simple motor...not even Variable Ratio Oiling - I have to mix. I believe in '96 it was rated at the prop. Today, most HP ratings are at the powerhead, meaning that with a "60" you don't have 60 at the prop. But even if our motors were rated in the same way, I'd have 32% more HP. In this case, the actual difference is probably north of 36%. I don't think 60 is enough.
I think this will get you to the thread, if not try searching under my "other" name which it was originally listed "MJB" and look for 76' 170 Rebuild.