I decided I would call the service department at Mercury Marine, [here in Canada]and ask these same questions.
Unfortunately, they did not have a definitive answer as there are quite a number of variables I was told. The age of the manifolds, proper winterization techniques, hours of use, and the type of water the boat is used in, [fresh, brackish or salt] all play a factor.
So, having said all that, I'm still trying to decide what to do...
Mine are 15 years old, but don’t know the exact number of hours. [no meter in the boat] I'm guessing maybe 350, by the condition of the rest of the boat. I know it’s been used only in fresh water... so....
Decisions... decisions...