In the fall I'm going to replace my elbows because by then they will have been used in salt for 5 seasons. The manifolds I will inspect the sealing surfaces and acetone test. Then evaluate. So far no signs of leaks either outside or in cyls. I have a local dealer where I can buy Barr Marine aftermarket exhaust so I don't have to pay for shipping ($$$ with exhaust because each side is a bit over 40 lbs). Also when I've replaced manifolds etc I take em to the scrap yard, you'll get about $10 for about 80 lbs of cast iron scrap.
Just did a compression test a few weeks back so I'd have noticed if there was water getting in a cyl.
BTW, I think it is a good idea to do both an oil analysis and compression test at the end of each season. That way you know what's happening with the engine and if there are issues you have the off season to rectify it, and not lose time during the season.