1988 OMC 5.0 L I had an overheat problem last time out. The thermostat came out of the neck causing low or no water flow to 1 side of manifold.Burned up the exhaust flapper .Replaced flapper and thermostat.When i put on ears steam is coming out of pvc hoses. so much so that its rusting my carb plates.I can also see it collecting and dripping off spark arrestor.Runs at below 160 on ears. Oil on dipstick is not milky.Oil does not seem to be heating up engine at 160 oil not realy hot to touch.seems to run fine.where do i go from here ? have thought of changing oil and filter to start. any ideas?