The correct torque wrench to get for an outboard motor is the 3/8 in wrench with the smallest range, for 2 reasons:
1. The specified torque values for a Honda outboard range from 1.8 lbf-ft to 81 lbf-ft, as shown in the shop manual. You can see that the minimum range for a click torque wrench are all too high. I bought a SEARS 3/8 beam torque wrench, which goes down to ~5 ft-lbs. Cheap and can't get out of calibration. There are a few higher torque values, but those are for rebuilding the engine. ~50% of the torque values are less than 20 ft-lbs .
2. Outboards are small and tightly packed. 1/2" drive is just too big. I couldn't get a 1/2 drive socket on the lower drive unit when I rebuilt the water pump, for instance.
So for outboards, get a Craftsman Model# Model# 44690, 0-75 ft-lb, beam torque wrench for $25. If you need higher torque, Craftsman Model# 44642 , 1/2" for $30. Nothing to break or get out of calibration and made in the USA
Boris