Captain Ahab said:
Keep in mind that I deal with 150 hp outboards so maybe the little guys do not have thermostats? BassBoy1 - HELP
I rarely, if ever deal with these, so I am unsure if that motor in particular has a thermostat. I know some of the mid 90s 15 horse motors did, and just about all that were bigger than that did, but I couldn't tell you on the 4.
I am really running out of ideas here. While I can't tell you the specifics of that Force, these smaller 2 strokes from that era are all identical in the way they operate, and they are utterly simple. You have fuel and oil, mixed at a 50:1 ratio, and the oil lubricates all the moving parts. Then, you have water, being pumped from the lake, through the motor, that carries heat made by the motor away. That's it. So, if your oil was mixed correctly, we can eliminate that.
So, that leaves water. Now, your impeller was good, and presumably the Woodruff key was installed correctly, so hypothetically speaking, you should be pumping water. Since you can't get it to run, we can't determine whether or not it was pumping correctly. You almost have to have a thermostat that died in the closed position, or another clog somewhere in the water lines. Other than that, there really is nothing that could go wrong.
Due to the lack of any real wiring these motors have, I can't really find a possible way for the electrical to cause that issue. As ben2go mentioned, you only have the coils and such that give it spark. Outboards do not get the electricity for the spark plugs from a battery or anything, as a car would, and they just make it with the spinning magnets in the flywheel. They are usually killed by shorting out the charge that would go to the spark. So, if there were wires that had burned up, unless they somehow magically remained suspended, the place where the insulation burned off would touch the block, shorting it out, in essence doing the same as a kill switch does. Since he has spark, we can rule that out.
Now, once we get it running, we can determine whether or not it is pumping water (I can already tell you it isn't, because they don't just decide to overheat by themselves, and short of oil, there is nothing that could go wrong with it). But, first, we need to backtrack, and figure out how to start it again. Since you have spark, all that is left is fuel. The only thing I can come up with right now (I will probably have a better idea in the shower or something), is that when you overheated it, you melted a carb gasket, which blocked a passage off.
Sorry, but that is the best I could come up with.