I recently rebuilt my 1993 40 hp Evinrude. For the first couple hours of break-in I kept the rpm's at 1500 and below, then I tried to take it up to 3500 rpm's but at WOT I only got 2500 rpm's. I started checking the motor out to find the problem and the spark plug in the top cylinder was completely clean, so I am assuming I am getting water into that cylinder. The compression checks out OK in both cylinders, around 130 psi. Since the compression is OK I think the head gasket is OK, I just rebuilt it and the block was not cracked, where else could the water be coming from?