I have a 2004 Mercury Mercruiser 3.0 L 4Cyl carbureted engine, which recently overheated (~260 degrees) due to no cooling seawater circulating. Once I noticed the problem, I immediately shut down the engine to prevent further damage. I corrected the problem and have since replaced damage parts such as exhaust/water piping and gaskets/o-rings and everything is running fine. The only other problem I see is that after changing the oil, I find that the oil smells of gas and also looks like it has some foreign liquid (i.e. gas) in it. I was wondering if anyone has ever seen this problem and if it is due to piston-ring/cylinder damage or if it may be from something else (i.e. valve seals.) I didn't notice the problem before overheating and this engine has only been running since June 2003. I am capable of changing the rings and valve seals, but I wanted to see if anyone had any other ideas. Here is a link to a parts website that shows diagrams of the engine:<br /><br /> Mercruiser Parts Website