I have a 1978 mercruiser 470. It seems to run fine, but checked the oil today and it looked like a milkshake and level was WAY too high. We've only had it out once this year, and it ran fine. Temp is good, coolant is still full, I'm thinking it must be water that got in the oil somehow, but I'm not sure how. I didn't think there was any way for lake water to get into the 470 engine, but I guess I'm wrong. Where should I start looking?..... any help troubleshooting this would be much appreciated.