Joe, I only know what I have read about them on the Internet, I have never seen one in person.
In addition to the crank being different, the flywheel, carb, governor, ignition, manifold (water cooled), and charging systems were different as well. Palmer basically took a striped C-60 block, machined the pulley end of the crank for their transmission connection and bolted their marine specific items on and turned the RPM's way up. From what I gather, the P-60 was primarily used in sailboats.
Here is a great link if you want to do some reading, not only on the P-60, but also the other IHC engines that Palmer used for boats.
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