I too had a similar problem on my B36 which I'd bought secondhand some four years earlier. As Dawntreader mentioned in reply no 2, it turned out mostly to be an accumulation of bits and pieces at the entrance to the heat exchanger. Until last year I'd not opened up the heat exchanger, though I had personally checked the sea water filter and had always changed the raw water impeller myself, noting every time that the filter was clean and the old impeller was intact. Inside the heat exchanger I found several pieces of impeller blades, presumably from the previous ownership, plus pieces of shell from marine creatures. Spread out, there was almost enough to completely block the entrance to all of the tubes. The pieces of impeller and shells were all removed. The size of the shells however, were noticed to be larger than would fit through the openings into the saildrive leg and indicated that creatures had probably got in during the early part of their life and had grown before eventually being sucked through. This suggested to me that it was likely that other such creatures may also exist within the saildrive leg, so back in the marina I connected a fresh water hose to the pipe from the saildrive sea water inlet and back flushed the system to sea for about half an hour. This made sufficient difference to allow the engine to be properly cooled, but I also bought a long but small diameter bottle brush off eBay, and next time the boat was out of the water this was used to good effect to clean the intake on the leg. In addition I used a pressure washer pointed through every opening on the sail drive leg in order to remove some pretty stubborn creatures that didn't want to leave voluntarily, and so far this season have noticed that the flow of water through the system has been much more than it ever was before. The design of the raw water filter, presumably fitted from new, is a poor one where there is an opening in the side the removeable part of the filter. It appears this was designed to fit around some shape within the filter housing, and mine was slightly warped such that it didn't fit too well, presumably allowing the creatures to get in in the first place. I've not yet changed that filter, but it's on my list to be done.