snatchy - thats a great post. Thanks for that. It makes sense as to why the check valve is there. The boat used to operated in queensland, so it may have been more of an issue up there.
I think ill run without it just for a period of time to see if it makes any difference.
On the up side.......i think i may have (read MAY) found a smoking gun. Going from advice in these threads, i started looking at the pickup from the leg, up through the transom and into the pump. Whilst i couldnt really be bothered pulling the leg off this afternoon, plus i dont have the required tools, i opted to limber up and dive in behind the engine to see if i could pull out the hose connector for the raw water on the inside. This would give me a direct look at the end of the hose where it meets the transom. I had a heck of a time getting the part off, but finally i manged. And in there i saw a significant blockage. It doesnt appear to be corrosion in full, but in actual fact a collapsed water tube insert???.............one of these.
Here is a picture of what i found. I contorsionised myself for these photos.
So - what do we think guys?..........confident?.
Whats the easiest way to go about fixing it?
Dave