I had an older
Catalina with that
motor, there wasn't as muck water coming out of the exhaust on that one as some others I've had but this doesn't sound right.
The
motor only lets water out when the thermostat opens but on mine there was a bypass to let the excess water flow into the
cooling elbow of the exhaust which is needed to keep the exhaust components cool enough. If the po routed this to a dripless seal
cooling hose it wouldn't be the best way to approach this.
Creating one problem while solving another.Best to take pictures of the
parts in question and trace the cooling system hoses.
I did know the setup pretty well on that one since I replaced the
packing gland and rebuilt the motor and exhaust system while at it. One nice thing about that motor, once the manifolds and
transmission are separated from it two reasonably healthy guys can
lift the motor out by hand.