There is a video on youtube somewhere that shows how to replace the Exhaust Bellows using a couple of Paint Stir Sticks.
You strectch the Bellows out and clamp the sticks to it to hold it.
Then put the bellows on the Transom Side and clamp it.
The lower the foot down into the other end of the bellows and clamp it.
Then just remove the sticks and clamps that were hold ing them.
I did mine like this a year ago and it worked. Didn't need a manual or any special tools.
The exhaust bellows are the least of your worries as the boat would run just fine with them completely gone. With that said..... This is a good indication that ALL of the bellows need to be replaced due to age, wear and tear. If the U-joint bellows or lower shift cable bellows start leaking, it will most likely cause further damage and run up the cost of the repair bill.
I was thinking the same thing when I first started reading this thread.Ayuh,..... Agreed,.... If yer changin' one bellows, do ALL the rubber parts at the same time,.....
Throw in a new lower shift cable too,....