: How can I drill this so that the new hole will be centered where it needs
: to be and the drill bit won't wander off into the old 1" hole. This is,
: of course, on the transom so I can't use a drill press.
I would try a hole saw bit and hold it carefully. The best way, though,
would be to buy a Forstner bit. They are round cutters that guide
themselves from the outside of the cut rather than with a center guide
bit. They work incredibly well. You can get them at good woodworking
stores and catalogs. Try the Highland Hardware Catalog--they are in
Atlanta, GA, get their 800 number from the 800 information operator.
Good luck, Randy in CT