The waterpump impeller failed in the outdrive when I was out in the lake. The engine lost cooling water, and overheated. When it overheated, it partially siezed the piston pins. As such, I had to have the whole engine rebuilt. I have a new water pump for the outdrive.
All of the parts are there, and it just needs the engine dropped in. With a new son, 2 project mustangs, a house, a full time job, and attending classes, I just don't have time for 'one more project'.