This is the oil level on my 4.3 Mercruiser. The engine is cold and the boat is level on the trailer. Should it really be well over the mark when resting. Was told by the Marine chap that serviced it that it was because of the oil filter draining back into the sump when engine is not on.Could too much oil result in loss of power, loss of oil pressure and knocking noise as it has done after 2 hours use from the service. Below is a link to the You Tube video showing the moment it gave way whilst wakeboarding. It happens around the 1min 45 sec mark.
https://www.youtube.com/watch?v=zacOXC-zJxY&feature=youtu.be
Any advice would be great

