When I launched there was no water. If you followed the recommended instructions you should see no water. If you do see water increase the compression. If after use you begin to see water I believe they suggest running a cloth between the graphite and the steel surface to remove any contamination. Running the prop helps to polish the surface
On average, the PSS requires approximately one (1) hour of break in time, which allows the carbon ring face to polish the mating face of the stainless steel rotor. During the break in period you will experience a very fine mist, sometimes associated with a black dust coming from the PSS. Under normal conditions, this will stop after an average of one (1) hour running time. After the break-in period clean up any black dust deposits. If the black dust returns after the break-in period, visually inspect the seal for signs of miss-alignment, or excessive wear.