well, you mentioned, no problems all summer, then darn wear ring blows up, so you repaired it. You never mentioned about motor performance, so that sounds like its work'n awesome, motor revving up, not bog'n..etc, so only alternative, would be, as to what you had done, and thats, messed with the pump assy area. If the shoe or ride plate or whatever in that area, aint sealed correctly/enough, then it'll pull air tthrew the propulsion, caus'n it to rev, not go anywhere for a while, then finally hook up with water, and bamm.
Ski, you know, should jump right out if workn properly. How was condition of impellor?, bent blade will cause same affect.