Pretty concise Tony.
I think this motor is designed to come apart in neutral.
If I can leave the shifter linkage untouched while the lower is off, I do. I prefer to reach up and turn the powerhead a little to the right to get the splines realigned. It is usually just a matter of a couple degrees.
Watch the water tube as you pull it down, noting the position in the pump housing and make sure it goes back together with the tube in the same spot, the tube goes into the pump housing not off to the side, it is not hard to miss. The water tube carries the water out of the pump up into the block.
Make sure to look for the famous hidden bolt up under the trim tab, most engines have one there too. Note the position of the trim tab and remove the bolt holding it on, there is usually a bolt in there going up into the lower unit. Once all the bolts are out the lower should come off with relative ease. You should not have to beat or pry this apart, a couple good wiggles and it should come down off.
I put the impeller on the shaft, position the key and get that all where it belongs and slide the impeller down onto the key and pump plate, put a good dollop of grease on the impeller to make it slide against the housing, slide the housing down over it and turn the shaft to the right, clockwise as you push the housing down over the impeller. Everything should slide together nicely and the impeller is in position, key in place, ready to go. Take notice to the key orientation with the flats on the shaft and the keyslot in the impeller, it is possible to get some of them back on upside down. I take pictures as stuff comes apart so I get it back together right.
Like Rick said, if you want to do some of this maintenace yourself the factory manual is the best $40 investment you can make. If you have time, get one before you tackle the impeller. It will tell you just how to do the job on your motor, what position to put the shifter (it varies on different models and doing it wrong can create a big headache) and a variety of things pertaining to your motor. I get them used on ebay, usually $20 or so.
If it is working you can visit boatinfo.no for access to free digital Merc and other manuals. It is a Norwegian sight, sometimes it works sometimes it doesn't if it's working it has every Mercury manual.
Take your time, a helper is a good thing, and enjoy.
Go to boats.net and look at the parts blowup for your lower unit, you can get a good idea of how many fasteners and their location, and how it all comes apart and goes back together.
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Raystown Country, PA