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have a major issue!Purchased a 1982 26' carver with a 260 mercruiser engine.The engine block was replaced 2 years ago, apparently a cracked block.Previous owner claimed he drove the boat for 8 hours after the block was replaced with no issue.My first lauch this occurred.Boat launched outdrive lowered.Engine started (quite easily)I revved to about 2000 rpmwithin approximately 5 minutes I smelt an odorOpened the engine cover and nearly ****!Looked like smoke coming out of the air breather.I left it idle removed air breather and steam was coming out of both hoses which go from rocker cover to carb. Much steam.The starboard exhaust port melted the elbow and popped two of the 4S.S strap clamps. The exhaust elbow severely deformed.On the same side (Starboard) a milky substance (oil & water) was comingout somewhere underneath the exhaust manifold.The boat ran for about 8 minutes and when I shut it off it made some veryrude sounds while cooling. The sound of metal contracting from being heated.I checked the dip stick and water was evident in the oil.Any ideas as to what may have happened? Impeller not functioning/ thermostat shut closed/ blown headgasket?I am looking for adivice on what to look for and where to start on repair.The boat sat in outside storage for approximately 2 years.I did test run with outdrive muffs on but really only to ensure it turned over and started, maybe 5-6 seconds.Thanks for any advice you may have.
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