Well, my friend received all the parts from Andy last week, and we performed the following service on the F225 with 800+ hours and no pre-filter for fuel. Neither of us had ever done this before. Up until now, what was under that Gray cowling was complete mystery.
VST Tank strainer replacement, including gaskets.
Fuel filter above VST Tank replaced
Water-Pump replaced
Primary Fuel Filter and gaskets replaced
Thermostats replaced
Oil Filter Replaced
New SS Yamaha water seperator base and Racor added.
Lower unit oil change.
Motor Oil change.
All this went off without a hitch, thanks to the DIY pictures here. We didn't even have any spare parts left over.

Surprisingly, the VST Strainer was clean as a whistle. This surprised me since the boat has never had pre-filtration. I guess running the boat every weekend helps. The small plastic F-Shaped filter above the VST tank was almost completely clogged, though, which surely was the culprit for our WOT issues coming back in from offshore recently.
Thanks Andy!!