Uncovered the tige today and began the spring time check list, fired it up changed the oil and began looking for any possible issues. I found a water spray or leak from this item, more heavy once the engine was shut down, it appears to be inline to the ballast system supply hose, there are two lines threaded into it and the hoses seem to go to the top of the transmission. I believe it is a heat exchanger or cooler for the transmission fluid. I guess a few years of brackish water use and probable not fully empty of water during the winter and potential freezing (esp this past winter) have finally done it in. I've searched on line but haven't found a close match to what I see.
P4040151.jpg
P4040151.jpg
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