I had water in the oil so replaced the "flopper valve" which was gone and rodded and tested the manifold. Now no problems when its running with the rabbit ears on the trailer but out on the lake the water in the oil came back! Compression is good so the local repair shop said I need an extension on the elbow because as boats get older they sit lower in the water(1990 bayliner capri). Does this sound reasonable? I cant find such an extension online and he says it will cost $300 or so for the part. I am a certified Harley Mech. with zero experience on boats so bought the factory manual but it says nothing about this problem. Any advice would be greatly appreciated!