The ring looks fine, but I would reach up there with an xacto knife (hobby razor knife) and cut out that blob of goo. The wear ring can actually get pretty beat up before cavitation, or an increase of RPM occurs. The ring in my boat looks like poop… but the clearance is still good, so the only time I get a little cavitation is from a dead stop, and mash full throttle with 3 or 4 people in the boat.
So… at first I thought Karl wanted to rob your little girl of her ice-cream cone… the I realized that he wanted the giant on in the back of the second picture. Was the ice-cream a bribe to keep the wife happy? I know when I bring things home… I have to do something to keep my wife happy. (I have a tendency of just showing up with toys) This week I told the wife I was going to buy a little dirtbike for my little girl, and I came home with 2. (I needed to ride with my daughter… right:hurray
I told the wife it was a 2 for 1 deal… but then I had to take her to her favorite restaurant to keep from getting choked.