I just bought a Regal LSR with a 3.0 litre Volvo with the SX cobra outdrive. I was wondering where the exhuast exits. I thought it exited out of the prop but when I ran it in my driveway, The water and eshaust seemed to be coming from the transom aruond the drive. Also if anyone can let me know about any quirks with this motor and drive. Ive had mercruisers before. This is my first Volvo. Thanks