There are "high flow" water inlet screens available for your motor. Perhaps trying a set of those may be all that is needed on that motor. Your dealer can order them for you.
Do you have bottom paint on the hull, or are there any barnacles or any marine growths underneath the hull?
Just to check something, temporarily install clear tubing to the "blow-off" valve fittings and watch the flow. If there are millions of air bubbles, you might have found the problem.
Because the cylinder heads are lost-foam castings, there are inaccessable areas that could have a corrosion buildup which could impede the outflow of cooling water. That was more common on the 60 degree motors, but could be a cause of yours.