I have been lurking the forums for a while now, taking in as much knowledge as possible. These forums are awesome and I have already learned quite a bit. Thank you all.
Now for my problem, I have a 1998 Larson with a 5.7L Mercruiser 350 carbuerated engine. It has the alpha 1 outdrive. This boat might have 50 hours on it as my Dad didnt use it much. Anyway, it has sat for 2 years and recently my fiance and I want to get it out and use it. Well after going through it grease, oil, impeller, drive oil, bellows etc., I started it on muffs and after a few tries it started ok and ran for about an hour in the driveway. Checked the oil, looked good, no problems. Well I took it to the lake yesterday for the first time to bring up the RPMs and make sure everything is ok. After running it for about a half hour, I stopped, took a look at the engine and the dipstick and everything looked alright except my oil pressure gauge reads very close to 80psi and there is a small amount of water in the bilge. I did notice that while the engine was running a small drip of water every two or three seconds coming from the bottom of the front of the motor underneath the big pulley(flywheel?) at the bottom of the engine. I put my hand under there and couldnt feel and moisture or where it was coming from. I also felt under the water pump to see if it was coming from there and dripping down, but it was dry. Any ideas? I hate this feeling, my stomach is all up in knots because im assuming the worst has happened.
Sorry about the wording, my engine vocabulary isnt up to par.
Thanks in advance,