Let me save you some time, money or both.
I went to the river today, started the ’01 90hp Merc. Noticed the water was just dribbling out (otherwise know as prostate problems). I haven’t been out for a week, but it was working fine then.
After pulling out the lower unit and realizing there was nothing wrong with the water pump. I place the hose on the tube that would normally acept the water from the pump. It didn’t come out very well.
To make a long story short. I disconnected the hose that goes to the “pee hole”, at the motor, blew air in it backwards and out came to Asian Lady Bugs!
Moral: If you think your motor is too new for the water pump to go out, check the top end first!