Re: water seepage
If you have already detected a leak once it will come back, Its not really a big deal to change the head gasket on these 3.0 motors, did one about 10 yrs ago along with new distributer and timing gears took me about 3-4 hours, I'm going to suggest that you use FEL-PRO pro seal marine head gasket its a excellent gasket and its a bit cheaper than Merc I was able to order mine at my local auto parts store. Another reason to change it is the water could be entering the cylinders or getting down into the oil pan which could equal a trashed motor...