To measure:
1. make sure your floor is level. I used an 8' level and placed it under the boat on the floor where it would sit under the pad and under the motor at the same time. If my surface wasnt level, I used washers to shim the level until I got the bubble centered. Once the bubble is centered, leave it where it is and dont touch it.
2. I used a 4' digital level on the pad of the boat. I put it in the center of the pad (port to starboard) and had the back of the level about 6" forward of the rear edge of the pad. That way I didnt introduce the lip into the leveling. I then had someone adjust the trailer tongue jack until the digital readout read 0.
3. I used a 6" digital level with a magnetic base on the top of the propshaft. I used the trim to move the engine until the digital readout read 0.
4. Check to make sure that my level on the floor, my pad, and my propshaft are all still level.
5. Using a tape measure, place the loose end on the center of the pad (port to starboard) about 6" in front of the rear edge and measure straight down to the top of the level on your floor. Record that measurement. I used a 6" carpenters square to make sure I was measuring exactly perpendicular, thereby not introducing any error due to measuring at an angle.
6. using the same tape measure, place the loose end on the center of the end of the propshaft and measure down to the top of the level on your floor. Record that measurement. I used the 6" carpenters square here too.
7. Subtract the propshaft measurement from the pad measurement. That is how far above or below the pad you are. If the number is positive, you are below the pad by that amount, if the number is negative, you are above the pad by that amount.
The reason I was so anal about the way I measured was that 1/8" of an inch, or 3.175mm can make the difference of whether you are on the razors edge of screwing up, or running in a safe zone. That means that 1/16" of an inch, or 1.588mm is pretty important, especially if you are wanting to set your boat up to meet your goals and do it safely. Being off 1/32" of an inch, or less than a millimeter, could compound thru the two measurements to be 1/16". Its not rocket science, but the measuring process does require a little bit of time and patience.