Started up my 37 year old YSM12 at the dock last night. Started on the second compression stroke as usual but she sounded a bit strange. Checked the engine compartment and found lots of exhaust smoke and water spraying. The stainless steel exhaust nipple (between the manifold and the mixing elbow) had broke flush with the bottom of the mixing elbow. The exhaust system is nine years and 257 hour old. Well there goes another "boat buck". Parts are about CDN$750 with taxes and two weeks delivery. I will try to do it myself and save a couple of hundred. Sure glad it did not happen on my northern cruise planed for May. Would make it very difficult (expensive) to get her back back to my home marina. A working motor is critical on our rocky and wild coast.