I recently purchased a 2003 Cobalt 240 with a 5.7GXI volvo penta and the DP outdrive. I beleive the boat is cursed. We have been out 3 times and towed back in 3 times. Starter was the first problem, fuel pump and trim motor, now that those have all been replaced, I took the boat out and it alarms within 10-15 mintues. Temp runs up to 210-225, boat alarms and shuts down. I began to troubleshoot on the water and realized that the raw water pump (which is also brand new) isn't pumooing any water at all into the motor. I beleive I have an issue in the outdrive, but really do not know what else to do to troubleshoot the issue. I have taken the water pump empeller apart several times. It still looks great and it also runs while atteached to the cleanout port just fine and circulates water while hooked up that way. I hook up the muffs and no water circulating. I taped the inlet ports and ran water through the cleanout port and I do not notice water leaking anywhere that stands out to be a problem. Also keep thinking that my problem shouldn't be in the outdrive because the entire outdrive was submerged while on the lake and still no water pumping into the boat at all. I spent the whole day doing everything I could think of and I am at a complete loss now. I did losen all of the bolts to drop the lower unit and now fear that I need to reseal the gaskets to insure no water getting into my lower unit gear housing and causing more issues. I did not drop the lower unit completely because I have no clue what to expect when doing this. Not sure if i should remove props first and drain fluid then remove the lower unit and possibly the entire outdrive or look somehwhere else first. Sorry for the long post, just want to cover everything possible up front. Look forward to hearing someone elses expertise with my issue.