Ok, here's how it played out. Checked intake below hull, checked sea strainer, all good, clean and sealed.
Plan A as advised by many of you: changed the impeller with OEM replacement. Not much issue, easier than I thought in our very tight install. got to it fairly easily and needed only a 15mm to turn back belt tensioner, remove belt and then loosen three 10mm screws with access through holes in the belt pulley mounted on front. All in all, probably a 45 minute job - start to finish. Surprisingly easier than the old 454 we had years ago. Front half of pump comes out with shaft and pulley leaving only impeller in housing on engine. Nicely thought out design of pump and replacement process. Up high and room to see it even in my ridiculous application. No gasket, just o rings. Impeller looked OK but soft, no blades missing, no tears, just a bit soft, etc.
Replaced with new impeller, new 3 small o rings on the little mounting screws so you can't drop them when pulling apart pump and one main one to seal the two pump halves together .... 45 minutes including taking our time and cleaning up O ring grooves from small sea scum etc.
Sea trial ..... BUT .... NO joy, No change ... Still high temp at high RPMs
Second Plan:
took 2 gallons of RYDLYME, mixed with water 1:1 ratio as instructed by manufacturer. Instead of following the recommendation to circulate in reverse after removing new impeller, followed a different review on their web site, where several bigger diesel engine guys just ran the RYDLYME through the raw water circulation loop mechanism as you would rinse with fresh water style valves. We had that valve already installed years ago. Removed the only zinc anode located in the Heat exchanger, Ran it for all 4 gallons till I saw change in color of exhaust water telling us Rydlyme product was throughout the raw water circut. Then let it sit for 4 hours. Then, long rinse with fresh water for 20 minutes , Then warmed the engine to normal at the dock , then sea trial on sea water again as per normal running conditions.
BINGO - Houston we seem to have green for go .... high RPMs and normal temp at 180F or so. Did not get an hour out there to really be sure since ocean was pretty snotty outside the channel and with much chop too so it was pretty nasty - but from initial run back and forth and out the channel and back twice at full speed, before getting slammed by easterlies, I must say the temps look good. Will keep you posted as I check it with better weather this week for a longer run. Seems like one or more of the coolers were fouling up but this Rydlyme just might have done the trick. If so its a great product instead of tearing down and trying to acid bath coolers. I will highly endorse it if I pass the next sea trial this week. Thanks to everyone for help on this. Allen