In the end the issue got it repaired.
Strange, although the exhaust (standing section up to and including water injection) is made of SS (i think 304), the flange and about 1" was mild steel. This section got completely rusted out and broke off right behind the flange.
The engine side and manifold was fine.
I cut off about 3" closest to the break and welder a new 304 section with 304 flange.
Good as new!
Just for insurance, I did buy a used coolant manifold with new gaskets and cap to keep as a spare.
I'm not sure if the mild steel flange was a PO mod, or if it was factory done ( not even sure if the exhaust standing section is factory original) - for W46 equipped engines you might want to check...it's not fun to become engineless just as you are about to enter an unfamiliar inlet...
Sent via the Samsung Galaxy S7 active, an AT&T 4G LTE smartphone