Rather than replace your gauge or sender, take the opportunity to replace the gauge with a fuel flow meter that can be programmed with your fuel tank size. It'll be vastly more accurate and you'll have all kinds of other cool data at your finger tips.
I LOVE the Lowrance LMF200 I put in my boat three years ago. The gas gauge function has proven to be better than 99% accurate and now I know when I'm cruising with best effeciency too. Because it has an NMEA2000 bus, it was extremely easy to install. I paid around $200 for the gauge, fuel flow sensor and paddle wheel speed sensor.
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