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1987 350 cid, raw water pump service 18 months ago,
A seawater pump impeller that has been at rest for two winters may have lost resiliency by now. In other words, several of the vanes may have taken a "set" by now.
You may want to change it...... and you may as well change out both of them!
not sure of elbows.
Best to remove and inspect the mixing chamber seawater ports.
Runs in salt water and is RWC with an exchanger.
If equipped with a Heat Exchanger, it would be a Closed Cooling System.
A Full System includes the exhaust manifolds...... whereas a Half System would include cylinder block and cylinder heads ONLY.
None-the-less, Elbows are always supplied with seawater.
Runs normal temps at above 1.5K RPM, even with load at speed at 2800-3000. Only rising temp at idle. Could it be thermostat?
Generally, a thermostat either opens correctly, or it does not open correctly. Since it works properly above 1.5K RPM, it is likely OK.
The P of E (process of elimination) will be your best bet.
Look at, examine, test and/or replace one item only at a time.