Hello, I am new to the boating thing and am in need of some help. I have an OMC 175, 1976 model with a 302 Ford. It needed new ball gears so I changed those with out much problem. I did change the seals. I drained all fluids from the lower unit, no signs of water. I started replacing fluids into the intermdiate housing, when I started I noticed it was dry, no fluids at all. I kept putting gear oil in until it was full, would wait a while for air to push out. I did this several times never did fill up. I pulled the motor cover and saw the bilge was filling with gear oil. I pulled the gas tank to take a look and noticed a small drain hole of some sort on the fly wheel dust cover and the oil was dripping out of that. Does that mean the race and bearings need replaced? I did notice the front bearings on the drive shaft were rusty and dry.