I own a 1997 Coyote Aztec water ski boat that has a inboard PCM Engine Model PLP in it, 351/5.8, 285hp, Holley 4V Carb, Ford based engine. The last time I took it out I noticed it sounded different when in gear like a subtle thump every few seconds I went against my better judgment and decided to still take it out on the water. About 20 minutes later after hauling butt up the river I noticed a smoky smell and cut my engine and lifted up the engine cover and saw some smoke that quickly disappeared. My temp gauge was not running hot. I took it out again with my auto mechanic friend Dan yesterday and the noise I heard was different this time and seemed to squeak near where you repack the shaft but was not taking on water. The burnt rubber smoke appeared again and the engine temp was running normal. Dan previously replaced the inline check valve from a plastic one to a copper one (from home depot parts) with a flap rather than spring with check ball and the fuel pump. I?ve owned the boat since 2006 and Dan has been the only one to work on it for cheap labor since he?s an auto not boat mechanic. Any advice on where to start would be great. This is my first time ever using one of these forums so I hope I posted in the correct area. Thanks! -Alisha from Sacramento.