I got out to the boat on the weekend and flushed the motor with Rydlyme Marine Bio-Descaler. I removed the thermostat and put the housing back on. Rigged up a 12v bilge pump in a 20L bucket and connected the pump to the inlet side of the water pump (after removing the impeller). Used a hose pinch-clamp on the bypass hose so the pump only circulated through the block. Disconnected the water injection hose to the exhaust elbow and connected a new hose to that hose and ran in back to the bucket, completing the circuit.
Started off with about 5L water in the bucket and let it pump through. Then added 5L Rydlyme to the water. As soon as the 50/50 mix was coming back into the bucket it was frothing and fizzing... lots of good reaction. Let it run for about 90min, then flushed with about 60L fresh water into a new buck so I could see all the Rydlyme was gone.
Reconnected everything and put the impeller and thermostat back in and ran the motor. Got up to 60?C then dropped to 56?C and stayed there. Took it for a run at about 2/3rds throttle and it never moved from 55-56?C. In the last photo, the OzTherm gauge is attached to the block, and the traditional gauge is using the engine temp sensor. Prior to the flush the block temp would run at 87?C and the cooling system temp gauge would go up and down between 50-90?C. So the Rydlyme flush obviously did the trick!
FYI. I left a few bits of rubber (old thermostat seal, o-ring, old impeller) in the undiluted Rydlyme in a tub for around 2hrs... the Rydlyme had no effect on them at all. No black coming off, no sliminess, nothing at all. So would guess the rubber o-ring seals for the wet-liners are fine too

Hope any of this is helpful to those out there needing to descale their engines. Wasn't' too tricky and it's quite rewarding to see your engine running at lower temps.