Well, I am thinking that my old Johnson 4.5 outboard might be on the way out. The water pump is acting up but I think that it is a small part of a sinister problem. I have noticed a lot of leakage on the outboard. It looked like oil but it is a two stroke....where could it leak oil from? I did some work on the lower unit so I know that it isn't the lower unit. I am not sure what the problem is but I am going to turn it over to my mechanic for a final diagnosis. If it is something serious I am going to have to break down and buy a new outboard.What is the most cost effective way to get a new outboard? I want to have a 5 horse power with a long shaft (20"). Which brands should I look at and which brands should I stay away from? Also, where is the best place to purchase a new outboard?Thanks in Advance...Oh...just have to throw in that I got to go sailing today for the first time this season. It was a bit cold but it was still a great day!