I don't have a Corsa exhaust system, but with inboards, it is still normal for water to exit the exhaust system.
If you traced my exhaust system, from the water-jacketed cast-iron exhaust manifolds, the exhaust system consists of silicone rubber hoses and fiberglass fittings. If not water-cooled from water running on the inside of the hoses, they would overheat and quickly melt.
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"Yesterday's Dreams"1995 Carver 325 Aft Cabin 
Posts are amateur opinion only. You assume all responsibility for any action you take as a result of reading my posts.