Recently noticed a large amount of water spraying out of the exhaust of my engine ( 1995 "225" carborated Mercury). When I trim the motor up to just a little before you can hear cavitaion, the water stops shooting out. She's pumping water fine, and the engine temp is fine. Lower the motor a little bit and the water starts shooting again, along with some smoke or steam. Proformance has not been affected so far. Althought I just noticed it. Don't know if it just started then or if it has been happening. Any ideas folks????