Re: Johnson GT 150 V6
The prop area is the normal exhaust outlet for most (all?) outboards*. As Chinewalker said, 2 strokes put out a lot of smokey exhaust, so what your'e seeing is probably normal.
*This is the reason that a lot of tune up steps have to be done with the engine in the water rather than on the muffs. The exhaust is designed to come up under water. The water resists the expulsion of exhaust (i.e. "back pressure), which impacts how the engine runs. The most common adjustment that an amateur (like me) encounters is the idle speed. If on the muffs, it has to be a little high, or it will be too low once in the water.