Both external, I've eliminated the pump since It still does it after replacing it. The light never went out on the car?
Thanks. JC

Damn. Just read this thread, that sucks pretty bad.

I have a similar story.

Bought my '91, 27' Fever in April. Blew the motor (single 502) in June. This is a week after i replaced the oil cooler and all the oil lines, because the previous owner was nice enough to run the oil lines too close to the exhaust manifold. Sucked up some seaweed and it got a wee bit hot. But it didn't overheat the normal way. The oil got too hot and baked the paint off the inside of the oil pan (where paint shouldn't be...) sucking it up into the oil pickup and costing me two bearings. Luckily the insurance covered it and i was only out of pocket about $2000 and out of boat about 2 months ( ). Anyway, mines back running again. Good luck with yours.

How fast does it run, when it runs?

BOAT= Brake out another thousand , and the other tail the two best days of owning a boat is the day you buy it and the day you sell it. Don't feel bad if you are into boating as much as the rest of us we have had the same luck. fix it and move on.