Re: merc 165 lower unit leak
imho,
yes, replace the lower part of the water pump. the upper half too. and the impeller. from what i've read here. most suspect for the lub out the water drain hole in the ft. of the drive would be the shift shaft seal, from what i've read. i've never done one, check out the service manual for R&R. do what dons' say though. pressure test the drive. this will confirm the leak location before you assume where the leak is. if you had a meltdown from impeller failure, taking out the lower waterpump housing. i'd think ya have many checks to do.. find as many fragments of the impeller as ya can. check for meltdown of the waterpocket cover (don't touch these bolts, they break off easy). check for oil seal wear on the drive shaft. bellows between the riser and the exhust pipe may be melted too. flappers melted and gone?
ya don't have to remove the drive to do these deeds. though if ya've not removed yer drive for a while. do remove it. do the checks in the book. gimble brg. smoothness + grease it. check alignment, grease ujoints, grease coupler, inspect all bellows, grease shift slide assy. probably more stuff i can't remember at this time too. others will chime in if i'm leading ya astray or theres others items i've forgot....
as for a big job. one thing leads another... start reading the service manual. much info in it...
you do have yer service manual from the adults only sticky don't ya?
assuming ya have the bread. i'd use mercruiser parts too. they work best, if ya can afford them in this day and age...