Re: Mercruiser 165 HELP!
I just went through a very similar situation. I had a cracked manifold. On top of that my head gasket was split between two of the cylinders, what a mess. I had to change the block, manifold, rebuild the head and replace the riser. This fixed the problem. I think if you have a split block the water/oil mixture will also show up. Someone told me they had a split block and when apart there was no split to be seen, but when under load and hot the split would open and allow sea water into the cylinders. Any good marine mechanic should be able to recognize these problems fairly quickly. Also, if it is your block, you can purchase a good used chev block, change the frost plugs and bearings, and it will work fine. Once you price a new block you'll see why it's more advantageous to look for used. Godd luck, and keep us posted!