Re: Cowling Insulation
Probably didn't have any to start with. Merc was slow in following OMC in making engines quiet. I had them from '59 Mark 30 thru the years to the current '02 90 hp and the only one with it is the current one with a plastic hood.
If you want to glue some in, you could do as Star mentioned or use some 1" open cell foam (like cushions are made of) held in place with rubber cement....coat both surfaces, let it dry and stick it together being careful that you get it right the first time (straight) as you only get one chance without redoing the whole thing.
Mark.