2005 Bayliner 185BR, 4.3 Merc.

So I'm at the launch about to start my first day of the season shakedown and as I fire the boat up in the water I hear a strange sound. I opened the engine cover to find a water spilling out like a waterfall out of the port side of my motor. Closer inspection showed the picture attached here. A giant gaping rusted hole in my manifold. What the heck happened and is my engine (or me, really) completely...in a lot of trouble?
It seems that to replace the manifold (and riser, and other side manifold, and riser) is pretty straightforward but I've read some horror stories of water busting up the motor when the manifold breaks ( engine still sounded pretty good while I had it running.)
First thought is ice damage over the winter but I'd be surprised about that as I winterized it with 3gal concentrated antifreeze mixed with 2gal water. That should be more than enough to make it through the motor, no?

So I'm at the launch about to start my first day of the season shakedown and as I fire the boat up in the water I hear a strange sound. I opened the engine cover to find a water spilling out like a waterfall out of the port side of my motor. Closer inspection showed the picture attached here. A giant gaping rusted hole in my manifold. What the heck happened and is my engine (or me, really) completely...in a lot of trouble?
It seems that to replace the manifold (and riser, and other side manifold, and riser) is pretty straightforward but I've read some horror stories of water busting up the motor when the manifold breaks ( engine still sounded pretty good while I had it running.)
First thought is ice damage over the winter but I'd be surprised about that as I winterized it with 3gal concentrated antifreeze mixed with 2gal water. That should be more than enough to make it through the motor, no?

