Welcome to the new Wizard Outboard Forum.
I am wondering if anyone can tell me what kind of lube is suposed to be in the lower unit, as i ended up getting alot of water in it on run out on the lake.
The Mercury made Wizards used grease in the lower units. Lubriplate 105 motor assembly grease or corn head grease are the two usual ones used. I use the Lubriplate 105 in mine. The later Wizard motors used modern marine gear oil.