Like everything else in life, most things are a compromise. Your engine gets cold clean air through the air vents and leaks around the hatches, engine covers etc. But there need to be a way to get rid of the oil fumes and oil particles developed by your engine. As noted in you ziggies article, all engines have blow by. In boats it can be even more of a problem. Engines ge water in then from many sources, sitting for years being one of them. 100's of posters have had engines that are frozen and won't turn over because of rusty cylinder walls and the rings are rusted to the cylinder. There are also those that do this and get the engine running. Do you really think that those rings, pistons, and cylinder walls are still in perfect shape? I don't but off they go thinking they have an engine that will last for ever.
Marine engines use the exhaust as a way to get the cooling water out of the system, not even close to what a drag car does. Air does not cool these engines in any way shape or form, water does. They normally don't have antifreeze systems either, just raw water cooled. Either way, there is water in the exhaust and you DO NOT want to have your valve covers hooked to a water supply.
Until you understand the cooling and exhaust systems in a boat, you are going to have even more problems understanding what is going on.
Here is a link to the OEM service manual for your engine. Download it, read and understand how your cooling and exhaust system work together, then you will have a better understanding of what we are trying to say.
http://www.4shared.com/document/LXsFg1do/Service_Manual_09.html
You also need to stop with the drag care comparison. They have a V8, after that, there is a big difference between automotive and marine.
Here is what your cooling system probably looks like, do you understand what it's saying?
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