This video is a condensed version of the full rebuild of my 1971 Mercury 500 Thunderbolt powerhead. I ended up replacing the exhaust plate gaskets and putting new spark plugs in it, and she ran flawlessly this year.
I am not responsible for any mishaps that may have occurred from following these procedures. I do this to help you, the car owner, and cannot assume responsibility for any problems. Please use this information to help yourself, good luck, and take care.
-6speeddakota