Re: Cooling issue-1974 40hp Johnson
No t stat as Frank mentioned. Im thinking we are not dealing with a '74 here, by the change in flow described sounds like a thermostatically controlled motor.
Really depends on water temp. In the frigid water temps up here in Ontario in late fall or early spring, no way would my t stat open in under a minute on one of my Big Twins. So, may be normal. As you noticed, the flow out of the exhaust relief definitely changes when the stat opens. You can visually see it.
First, lets determine exactly which motor we are dealing with before throwing darts. Second, determine if it is fact overheating. An infrared thermometer is ideal, but otherwise you should be able to hold your hand on the head for a 3 count, and water should NOT sizzle when splashed on the head.
If it is a thermostatically controlled motor, with a water recirc system back down to the water pump, ensure the t stat and valve are installed or exhaust gas can backtrack down to the pump, rendering it useless. They pump water great, air not so great.