You should have PMed me. I removed my cats years ago since the post O2 sensors kept failing after about a year (max volt cat simulator). You post cat O2 sensors are bad (obvious in picture), Wagner makes a replacement for the quicksilver/mercuriser O2 for about 60% of the price $55. When you removed the O2 sensors to replace elbows you torqued them, they rust and expanded again elbow and then when you unscrewed that busted the POS. Usually I recommend quicksilver but for an O2 sensor who cares. Pre Cat o2 sensors never seam to fail. With the new elbows your temp problem should go away. My manifolds were perfect same age as yours. In the elbows its the air to water interface that expedite corrosion.
The max volt cat simulator $460 works flawlessly and after 100? plus hours never a code for o2 sensor again. I love the smell of exhaust vs skunk also. My pinging with 87 octane also disappeared with removing the Cats generating 1200F heat. On my 100 plus mile trip Saturday my EMCT was 138F-140F is that cool enough??? I imagine my new elbows will be lifetime since my manifold temps are so much COOOOOOOOLER without the furnace fking cats. There you go, you want cooler EMT simple remove cats......
I looked at retrofitting old style manifolds but I glad I didn't, the new cat manifolds are very smooth, no square edges or corners for sentiment to build. Most old style manifold failures I seen is the result of sediment causing the manifold to overheat and crack. I sure you have the multi-drain system. A couple times a year when flushing open it up and let water go into bilge during flushing. This purges any sediment and makes sure all your check balls are clean in case you drain for winter.
Throw your old cats in attic if you remove. You can probably get $1K each for them. I believe they are $2400 new each, and that my friends is what killed the sterndrive engine and why we see outboards on everything until they require cats are those......
The POS cats are very fragile, you run rich you fk them, you shut engine off after hard runs without cooling the engine down (think run aground) you hurt them, all the alarms you have now, I think 41 vs 3 are to protect the fragile Cats. How much environmental damage was done making the cats? making o2 sensors that fail? for boats that see 500 hours in 10-15 years....
Your PCM is not a PCM 555 that is for not cat engine. I believe your is PCM 009 but I have to look at my manual which I don't have right now. You could always retrofit to a PCM 555 with new wiring harness and knock sensors but once you get past the cats your engines are reliable.