Re: Change entire water pump or just impeller?
Not a bad idea also to try and re-seal it yourself. I didn't have the time to do mine myself, too much other stuff going on, so I took it in. 4 hours of labor, a seal kit, a used shift rod cover housing, and some intake screens later, and I have a re-sealed lower unit for $600.
I'm not saying the guys don't deserve the money for labor ($110 an hour), they should get paid for the knowledge they have and the training they have to keep up with, but if I had the choice again I would have attemted it myself.
I know you need some specialized tools for the bearing carrier, and it would have probably taken me 2 weeks to do it, as I've never done it before. But hey I guess you pay for the convenience and timeliness.
Not sure what was wrong with the old shoft rod cover, but they had a used one around that fit, so they stuck it on instead of hittting me for a new one, which was about $50, the used one was $14 so no big deal.
Good luck with it.