Thanks guys for the replys. I'm starting to come around to the just drain it philosphy but I've done what I'm currently doing for 9 years and haven't busted a block yet. I'm 100% sure I drain it completely before I fill it with AF. I had a dealer mechanic tell me to just drain it too as that is all they do for customers that bring in their boats for winterization with one exception. That exception is the Volvo 4.3L block (could be just certian years, I dunno). He told me that they fill that one with AF because the intake manifold has a pocket that doesn't completely drain. Filling with AF provides for enough mixing of this small amount of water with AF that it still prevents freezing. I'm pretty sure the AF/water mixing thing is true at least for fresh water. Don't know if 4.3l Volvo not completely draing thing is true but as my boat was a 4.3L Volvo, I always did this figuring better safe than sorry. My new 5.7l Gi doesn't have this issue and I know of other who just drain and leave this block so maybe that is what I'll do.
On the topic of draining, I'm considering the "Minute Drain" system as a means to make this a little easier and let me boat into November as where I'm at we can still get some nice weather that late. The only thing I see as a risk with this system is if a block drain or one of the small hose drain fittings were to get plugged, you might not notice and still have water in there. If you take things apart to rod out with a wire, then your're defeating the purpose of the system which is convenience. Am I just worring too much? I'd like to hear from anyone who uses this system.