O.K.,
More wild guessing: water volume vs. water pressure
So, before putting the boat on the water, while the pump was out being rebuilt, I did a baseline tune running the engine on the garden hose. Had a water pressure regulator with gauge, on the hose set to 15 psi. Ran the engine for upwards of 10 minutes, & it stayed cool the whole time. was able to regulate the water temp between 120 & 140 degrees just by turning the spigot open or closed just a little bit. The WPR gauge reads zero the whole time, which indicates that the same amount of water going in is going out, right? The regulator limits the pressure but not the volume, so I have 15 psi., max, with a decent volume of water going to the engine, & everything is peachy. Get it back on the water, setup is the exact same only now the new pump is providing water to the engine.
Could it be that, lets say, the water passages in the block, heads or the exhaust manifolds are restricted or crudded up enough that they would pass enough water to keep the engine cool when fed by residential water line volume, but not with the kind of volume that you would get from a pump under normal operating conditions, even if, lets say, the pressure provided in either situation is around 15 psi.?