Before I start tearing everything apart I hope someone can give me some idea of what I am looking at. I'm sure I am not the first one to experience this. I'm dealing with a 1997 Mercruiser 5.7 on an Alpha One Gen 2. Water is gushing in through this hole. I am on trailer now. No problem when running engine on mufflers. You can see the entire plate is corroded. Of course I could fill the hole with 5200 which will stop the leak quickly but the rest of the plate will rot through quickly also. I am sure the outdrive needs to come off but then what? Any help will be appreciated. Thank you.