I ran my 85 mcm170 mercruiser about 2 weeks ago, everything was fine. I drained the raw water out of the heat exchanger so it would'nt freeze. I went out thursday and took an end cap off the heat exchanger to make sure it was all out before this next freeze and about 6 oz. of antifreeze ran out the sea water chamber of the heat exchanger. I replaced the riser/tank and gasket last year. Looks like I've got a very small leak in between my coolant chamber and the sea water chamber in the heat exchanger. What do you all think? My thinking is, if it was the riser was leaking it would fill up the exhaust manifold and run out the exhaust before running back into the heat exchanger. This is not happening. Am I right to think I need a heat exchanger? If so does anybody have a good 4in. heat exchanger, reasonably priced!