Ok, So my friend has a 4.6L, I think! Mercruiser, alpha drive. He has had water in his reservoir for some time.Explains the oil over flow. Does anyone know what we should do to remove the fluid?? The pump still works it just lifts really slow. How should we drain the fluid, and is there anything that we should rebuild??? He has family coming in town and wants to show them around the gulf, any ideas??