I'm building a similar system right now . It's for a 240 ci. mercury straight six .
Original , the engine pumps raw water up , through itself and it's exhaust system , and then overboard . I live on the West Coast , on Vancouver Island
and this type of cooling leads to internal corrosion . What I'm doing is modifying the original to have a closed system . In order to do this , some
things have to change . The best way to cool glycol based fresh water
is to pump it through a heat exchanger that is bathed in cold seawater .
Instead of putting an external keel cooler out where it can be damaged ,
what we're doing is mounting aftermarket automotive transmission coolers
inside the hull , with open ports bringing raw water in around them .
The raw water surrounding these radiators enters and exits these dedicated
radiator housings as a function of forward boat speed .
The modifications required to the original stock hull involve fiberglassing in
radiator containment boxes inside the bottom surface of the hull , underneath the floorboards , and creating raw water passages at either end of these cooler boxes to allow raw water to enter and exit as much as possible .
In Canada's cool waters , this is effective .
This doesn't solve your exhaust pipe cooling problems though . The effectiveness of a marine raw water exhaust cooling system is that it
is sacrificial , basically you are simply pouring cold water all over a hot exhaust pipe , and throwing out the result .
This is very effective , if hard on the exhaust system , but there is almost
no way around it .
For the same engine cooling glycol to be used to cool the exhaust header
sounds like it would work , but doesn't .
The exhaust header is much hotter than the engine , and boils off your
system's precious ethylene glycol .
markalfredsteele@yahoo.ca