The bearings all appear to be where they should be from what I can see. Chewed up some of course. The big bearing in the rear housing is seized. I can’t see any gaps in the rollers.
I also thought about incorrect shimming but the timing bothers me for that unless I missed some serious glitter in the last oil change but I keep an eye out for that. We have a Yamaha that has been showing some glitter for 2 seasons. I need to order the driveshaft holder tool and the pinion nut is a little beat up.
Thinking back on it, I replace enough props in a season that I can’t remember which boat or when but it’s a rental fleet of 15 boats with mostly stainless steel props. Initially I was thinking about a bad part or incorrect shimming but I may have forgotten about a prop swap. It’s possible this lower unit could have suffered a prop strike that caused some internal damage. Props are so fast and easy to swap, even on the dock, that I don’t always invoice it. It would be rare for one to make it 150 hours and not need replaced.