Quick history:
Last summer I was trying to diagnose an oil usage problem with the Mercruiser 120 engine that was in the used SSV-177 I bought used. After trying some upper engine cleaner in the oil, it was still using about 1/2 quart of oil per hour and leaving an oil slick in the lake. I'm not an experienced mechanic so it looked like my options were have the engine rebuilt or swap the engine. I ended up having the engine swapped out for a used known-working Mercruiser 140 (serial number 3247890, 1972?).
Details of engine swap: New starter, rebuilt/adjusted carb, new fuel filter in carb, new fuel filter in fuel pump, new fuel hoses, new spark plugs, my previous red spark plug wires, my previous distributor with electronic ignition, new temperature sender, new oil, new oil filter, winterized with RV anti-freeze...
During this same period, I also had the lower unit replaced by a private stern drive specialist, due to a crack that was letting gear oil out of the lower unit and water in. During the lower unit swap, all the lower unit seals were redone and a new impeller was installed, etc.
After the engine swap, the engine was winterized and put into the cabin garage. The exhaust manifold's drain plug has been covered over with a hard, tan substance (epoxy?), so it can't be drained and purged of sand as you would like to each fall. Since the manifold was to be filled with antifreeze, I was advised not to worry about the lack of a working drain plug.
Today:
I rolled the SSV-177 out of the cabin garage, put water muffs on the lower unit and started it up. It started with some difficulty, but did start. We ended up dribbling a little gasoline into the carburetor and also needing to push the throttle lever open to a position higher than idle. Then, it started and ran smoothly. We then put the boat into the lake and drove it from the boat launch to my dock where it sat for about 4 hours. In mid-afternoon I wanted to take the boat out for a shakedown cruise to see how it ran, etc.. It started with some difficulty again. I ended up pushing the throttle lever (neutral button pressed in) to a higher throttle position. After a few tries at cranking it with the higher throttle position, it started.
I ran for about 5 minutes around 1200 RPM and all was fine. The temp gauge as showing about 150 degrees. Then I pushed the throttle up in increments to see what speed we could get out of this 140 engine with the new 23 pitch prop. At the throttle lever's WOT position, I was getting 4000 RPM and 37.5 MPH measured by the GPS. At that point, I noted that the temp gauge was showing 240 degrees!! I throttled back immediately and opened the engine cover to let things cool off. The temperature finally fell back down to 150 degrees. If I cruised around 1200 RPM the temp stayed around 150 degrees. At 1800 RPM the temperature was up at 160 degrees.
Given that the engine will run at normal temperatures at slower RPMs, I'm thinking I have a water flow problem. Does that sound right?
If you agree this is a water flow problem, what are the likely suspects? Bad thermostat valve? Rust-constricted exhaust elbow? Rust constricted exhaust manifold? Dirt/plugged exhaust manifold?
When I feel the water hoses, the water intake hose is cold, the big water pump hose is hot and the hose from the thermostat housing to the exhaust manifold is warm. I think the hose temperature details indicate that the thermostat is opening and letting warm water go into the exhaust manifold.
Photos, if helpful...
http://i870.photobucket.com/albums/ab264/neutron68/Glastron/20141101_135727_zpsdi3tbkjl.jpghttp://i870.photobucket.com/albums/ab264/neutron68/Glastron/20141101_135749_zpsztsdiotc.jpghttp://i870.photobucket.com/albums/ab264/neutron68/Glastron/20141101_135939_zpsf3xkycny.jpghttp://i870.photobucket.com/albums/ab264/neutron68/Glastron/20141101_140132_zpsgtjwlv4l.jpgEric