I ran the boat on the lake for the first time today. Oil pressure 70psi at 1000 - 1200 rpm @ 120 degrees on the water temp guage. After it warmed up to 140+ degrees I made 4 WOT passes. After those passes the oil pressure was 25psi @ 3,000 rpm, I cruised the boat 1/4 mile back to ramp @ 1,500 and let it sit for 15-20 minutes. Put my son behind the wheel and as we idled out at 800 rpm the oil pressure was 8 to 10 psi, I had him just idle @ 800-900 rpm for about 200 yards and no change so we turned back, I had him hold 1,200 for about 10 or so seconds and still showed only 8 to 10 psi oil pressure, it's a brand new Autometer pro comp guage.
As soon as I got home I pulled the valve covers, no metal. Next I pulled the oil filter and drained into a stainless steel pan then checked with a magnet, no metal. I slowly poured oil into another container to see what if anything was on the bottom of the pan....... I saw flakes of what looks like bronze .... like from the dist gear maybe?
Next I pulled the dist which is a brand new MSD 85551 with a bronze gear that the parts guy said was for the dist (bought both at the same place in Sacramento when I was down for CFW NYD) THEN .... I noticed on the dist at the top of the upper o-ring a bunch of chunks, yes "chunks" .... 6 or so about 1/8th the size of a BB ...... and bronze. The pic shows where the shit was. Isn't where the arrows are.... the lifter valley? How do bronze chunks get there and where would they come from???
Anyone have any ideas, I need some help here guys. BTW, there was no bronze flakes under the valve covers, only in what I poured from the filter.