Mark. My MFA Seahawk runs an 850 and gets moderately hot, the boat being a bit smaller internally than yours. The lad uses the boat and thus it spends most of its time at moderate to full throttle…..the motor wasnt getting too hot, but in order to avoid any fires….
I made my own water-cooling coils out of 1/4″ copper brake pipe, would around a cylinder I turned out of wood on a lathe to be slightly smaller than the motor so it would fit nice`n`tight, being a bit springy. I dont think silicone tube on its own would transfer sufficient heat to be worthwhile.
The only problem with this is you have to buy a coil of brake tubing, and i have enough left for a number of future projects!
I am not sure about alloy tube, i think you would be hard pressed to get stuff soft enough to bend without springs or messing about, and you do need a fair bit of tube (motor circumference x no of coils. i think I wound about 8 or so turns.
Ashley