Re: This Boat Keeps Giving Me Headaches!!
I don't know how your 454 is set up in your Lib....
Mine has a hose that goes from the raw pump on the starboard-front, under the pan to the PS cooler. Then it goes to the oil cooler (mounted vertically) that is located left of the circulating pump. If you look at where the water line is, any leak in the raw circuit lower than that, could leak until the boat sinks! (after your battery goes dead!!)
That's right where the raw water pump is. The hose comes from the transom fitting directly to the pump.
If your pump housing is cracked or the bolts are loose, the hose is loose etc, it will leak there any time the boat is in the water since the raw pump is well below the water line. (and of course, you want it below the water line so it primes quickly and easily)
You also want to fix that soon....If the leak is on the suction side of the pump, it could also suck air and aerate the water going to your T-stat housing. Suck enough air and it could result in an overheat of the engine or manifolds & risers.