Re: air cooled or water cooled
A common misconception is that "air cooled" outboards don't need to pump water. They do. The powerhead has external air cooling fins on it instead of internal water passages, so it is indeed "air cooled". However, it also NEEDS to have water pump up and cool the exhaust housing. This reduces heat throughout the powerhead. Without this additional cooling the "air cooled" powerhead will quickly overheat and seize. Quickly meaning within five or ten minutes.
I believe there is a critical horsepower point where a 2 cycle engine requires additional cooling. I've run truely "air cooled" brush trimmers and chain saws for long periods without overheating. The cylinders were about the size of a nickel or a quarter, though, and the horsepower wasn't that great. Once you start putting out 5-7HP with constant load, like an outboard has, it seems additional cooling is a must.