Dual position personal watercraft lift

A launch and retrieval system for a watercraft, said system being adapted for mounting at the aft of a large watercraft, said system comprising:

• i) a cradle for a watercraft;
• ii) a first vertically oriented drive;
• iii) means for securing said cradle to said first drive for vertical movement from a watercraft launch or retrieval lower position to an upper storage position;
• iv) a second horizontally oriented drive and aft mounting means for aft mounting said second drive at about swim platform level of a larger watercraft, said second drive having a low profile telescoping frame having a first part fixed to said aft mounting means and a telescopic second part, said second drive having power means to reciprocate said second part relative to said first part, said telescopic second part having an outboard end;
• v) means for mounting said first drive to said outboard end of said telescopic second part of said second drive to position thereby the mounting of said first drive to said second drive at about swim platform level, said second drive moving said vertically oriented first drive from an extended cradle storage position to retracted cradle storage position;
• and
• vi) said first drive elevating said cradle to a level for its storage position which permits said power means to retract at least a portion of said cradle to within said second drive.