First day in the water this year and I was cruising around with the family for a few hours. i was running about 4500 rpms on the way back to the marina and the engine got really loud. I immediately throttled it down to idle, and it cut out. I tried to start it back up, and it wouldn't even turn over. After five minutes or so, it started back up and it sounded like crap. If it were a car I would think that I threw a rod. Ran it for about an hour after the incident, limping back to the marina at about 1200 rpms and it sounded like crap the entire way back. I checked for flow from the pee hole on the ride back, and it looked normal. I did notice that the lower part of the engine, (down to the prop), was steaming. When i got to the dock, I put it in nuetral and it didn't seem to make the metallic clank that it was, and it revved up fine although it seemed to smoke a bit more. I am new to boating and don't know a damn thing about outboards. It is not oil injected and it did have a good mix in the gas tank. Am I screwed or is there an easy way to tell???? Thanks