I currently boat in the Tampa/Bradenton/Sarasota area and I used to design heat exchangers for marine motors (tier 1 supplier to Mercruiser, Volvo Penta, Indmar, Ilmor, Seven Marine, Mercury Racing, Caterpillar, Cummins, etc). so while I may not be an expert, I may know a thing or two about heat exchangers
If your boat spent a year in St Augustine, the insides of the block and heads will have scale. that scale does a few things, first, it prevents a proper transfer of heat from the block to the coolant. second, it comes loose and plugs the heat exchangers, . the gap between the tubes is about 0.020" so anything bigger than the point of a pin gets stuck in the tube bundle. to unclog a heat exchanger inside the tube bundle is to remove and replace the heat exchanger. the tube bundle is an excellent filter
the boat is 15 years old, the sediment in the block has to be removed, PERIOD. most fresh water boats have a few inches of sediment in the block that can only be removed when you pull the motor. this sediment which includes rocks, sand, small fish, and some shells will also plug the heat exchanger. it has to be removed.
you can put a heat exchanger on your fresh water motor if you pull the motor, pull the heads and clean out the sediment from the block
you can also put a heat exchanger on the motor that has been in salt, however you have to do the following:
pull the motor, pull the block apart, send it to a machine shop, have them bake the block and heads to remove the scale, put it thru the bead blaster and shaker to remove sediment, etc, then rebuild the motor
OR
rig the motor up to run on a loop of coolant, fill the block and heads with oxalic acid. let sit for a few days. rinse, then repeat. this will remove the rust and scale
pull the heads, have the motor on the engine stand upside down and flush out the 15 years of sediment in the block
OR
drop in a new rebuilt motor
However if I was you, I would simply go boating, enjoy the boat, and start saving up for a set of manifolds and risers. in 3 years, replace them. then every 5 years after that
regarding the risers with closed cooling, they are a maintenance item that gets replaced on the same schedule regardless of type of cooling system. even the performance stainless exhaust will rust out after a while. the stainless costs twice as much, however lasts twice as long