Hey Sushi ! Thanks for the concern!
I have not even been down to the boat in a week

Last weekend we decided to go away since it was "supposed" to be miserable and this week it has either been too cold or I have been too busy.
As it stands right now, I drained the old oil and water (lots!) replaced the oil and filter and let it run up to temp. The oil pressure was good for the total running time and we even went for a little idling along cruise. After the warm up, the oil still showed signs of water contamination (milky). I am hoping to get to the boat this weekend and drain the oil again, hopefully the water will be settled out and more of it can be removed by the evacuation machine. I will replace the oil and filter again and bring it up to temp again with a little cruise at idle. I hate to just waste the gas you know!
I am still trailing out a minute slick of oil and I hope that it is just residual oil that is sticking to the inside of the hoses. I have the weekend to myself because my wife took our three year old camping so I am going to try and spend most of the weekend on the boat and if the weather turns bad, I am going to pull it back out and stuff it in my shop.
I am hoping to be back on the water worry-free very soon. Next weekend is Canada Day and I want to be able to go and watch the fireworks from the boat so hopefully all will be well by then.
I will keep you posted as I progress over the weekend.