Okay, so this is my first boat. I bought it as a project at a very good price and even if I end up having to repower it I'll be ahead, but, I would definitely like to expend my options before going that route. The boat had a cracked exhaust manifold and milky oil when I bought it so I was ready for the worst(cracked heads/block). I replaced both exhaust manifolds and changed the oil, ran it and still have a water leak somewhere so I pulled the intake manifold and found milky oil in one of the intake runners but none in the corresponding intake port on the head or any of the head ports for that matter so I changed the intake gaskets thinking maybe it was just a leaky intake gasket but after reassembling and running it still has a leak. My next step was to pull the heads and check for cracks in the heads and block and look for leaky spots in the gaskets. I just started on that job and again when I pulled the intake manifold I have milky oil in the same intake runner but none in the corresponding port on the head. It just seems strange to me that this would be the only place that would have milky oil. Maybe cracked intake? I still don't get why the milky oil would be in that one runner and none be in the head as I would think that it would get sucked in there by the vaccuum?