Ok , heres the "Update" Well after about 6 hours and who knows how many beers later, I finally got the new power steering pump replaced, the new pump had the exact part number stamped on the original Volvo penta power steering pump. Installed the original reservoir on the new pump, put it back on the motor, Bleed the line, looked and guess what... More red fluid on the bottom .. again... "Ahhhhhhhhhhh"

When I tested the system I found another leak on the low pressure side line was rubbing against the exhaust exiting the boat. " it hooks into the ram and hooks on the tank at the back of the motor, its only around 18 Inches long with a 90 degree fitting on one end and just pushes on the tank with a zip tie. Ahhhhhhhhhhhhhhhhhhhhhhh Oh well I will chalk this one up to Boat Ownership.. I guess the good thing is i only had $45 bucks in the new pump. Gonna have to wait and see if I can get a new line tomorrow or early next week. Thanks guys for all your help..
