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    power loss oil in water

    I have an 86 glastron 23' w/cc. It has a 205 v6 mercruiser. I drained the oil and about 2 gallons of water came out then some milky grey sludge. I pulled the heads and cleaned it all up. The pistons and sleeves look good. I checked the outdrive and the exaust boot had a tear in it. could this be...
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