Hey Johnc, sorry I really think your mechanic is right on this one. I have done a lot of research lately and found that the older King Cobra drives have the dog style clutches and if you don't leave the interupter in line you highly risk tearing out the clutch assembly. Only after 90 or 91 did OMC change to the cone clutches where you could remove the interupter.
Sorry I wouldn't do it unless you want to buy the later style drive.
Gnarley