1992 Mercruiser 5.7L. Bought last year and ran great. Winterized per instuctions including fogging all cyl and draining all plugs and hoses. Changed all bellows, gimble and impleller last month. Started for the first time last Saturday; it turned over in 10 seconds (amazed me). Ran on muffs till 160 t-stat opened. Started and stopped a few times with no issue. Put in river on Sunday and ran briefly with no issue. Went for a one hour cruise on Monday also with no issues. Today I changed the t-stat to 140. The parts guys sold me a 160 in the Fall but I since confrimed 140 is correct to 5.7L raw water cooled. Finished install and tried to start. Turned over for about 5 seconds and stalled. repeated attempts after that failed. I pulled all the plugs and found water in 2 of them (port side aft and port side 3rd from aft). All others looks fine. Oil was new in the Fall and looks fine now (no water in it). Please tell me I don't have a cracked block! Could it be risers, manifold or gaskets? Could it have anything to do with the fact that I ran at 160 on Sunday for an hour? That may be the first time the engine was ever at that temp. As always, thanks for your valuable advice!