All the i's are dotted and t's are crossed. At this point I would put the bottom hose straight into a bucket, and disconnect the top hose from the manifold and point it into a bucket. Pour a bit of water down both the intake and outflow hoses ( shouldn't need it but it cant' hurt) and then crank her up to see what happens. The only other thing that I can think of is that you have the wrong impeller, did you have to bend all the flaps when you installed it? it should have looked like this; The only other thing that could be wrong is the cam is missing, but the screw that holds it in is visible on your pump and that could only be true if the cam was in there.
BTW the best way to do a bucket for these tests is to put a hose fitting in to the bottom side of the bucket so you don't have to extend the hose or tip the bucket in some funky way.
Good luck