I would Definatly go for the EDM on those
There is a thread here on Penatrating oils ... check with a local Merc guru They may have a "Drill Jig" for your motor a little heat and a lot of patiance are the key ... But Know when you are licked and when It's time to take it to the machinist ...
I may check mine and apply never seize Since mine is a basically new motor ...
You will not believe how long the Lower Unit Bolts are LOL ...