Don`t run an engine out of the water. I don`t even turn it over if not in the water. That water pump will be wrecked in short order without the water for a lube..
Everyone thinks this and to a point, it's true. I have fished many pro tournaments where the Mercury repair truck has been on site. They will repair, run and tune an engine in the parking lot with no water going to the motor. I would think they know what a motor will take better than anyone.