I recently replaced the impeller on my '78 Evinrude 55hp ( thanks to some helpful tips here). I took it out for a run yesterday and it ran great for about ten minutes, then the engine lost some rpms and dropped my speed about 5 mph, while staying at full throttle. I cut the engine off for a few minutes, then started her up again, and this time I could only get about half of my normal power at full throttle, and the engine sounded rough. The alarm also went off a few minutes later. I managed to get back to the boat launch, but I don't know why my engine is acting up. I had constant water flow through the engine while it ran, and I nver had any indications of overheating or power problems while testing the engine at home. Any suggestions? Thanks!