I have a 1983 E28+ with a fresh water cooled Universal 5411. Generally the engine runs fine (about 150 degrees) but when I need to run at higher (but not excessive) RPMs to push through chop or get the boat speed up to 5 knots or more it heats up rather quickly to 180 and keeps climbing. It seems to be pumping water just fine out the exhaust and the impeller looks brand new. I experienced a fright when while running along at 5 knots the engine temperature climbed up quickly to 240 degrees! I did not notice any difference in power or in the sound of the engine. I'm thinking that maybe the thermostat or even the sensor is bad. If I elect to change those do I need to drain the coolant from the system first? Any suggestions or previous experiences that might help?