I have a problem with excess pressure forcing raw water out of the heat exchanger cap at about 3500 to 4000 rpm. I am advised that this may be caused by a faulty exhaust manifold although there is no evidence of water in the oil. Also whilst the engine revs off the clock when in neutral it will not exceed 3800rpm when in gear. The boat is a Fairline Carrera 24' which when new should have pulled 5500rpm. i have checked compression and all cylinders are at original specification. Could the exhaust manifold be causing the lack of power? Any suggestions will be gratefully received.