First off I have cone to the conclusion to buy only NEW waterpumps, not rebuilt. Usually the rebuilt water pump suffered some trama, the casting got hot, and it may work right even if rebuilt.
I have heard of guys buying rebuilt pumps which were welded and the weld was not ground down on the mating surface.
I think NAPA and the Dealer sell new pumps. If i recall alldatadiy.com said they were like $56 for the dealer part, check your local dealer.
I installed an aftermarket high volume HESCO waterpump. I heard good things about them on here. They are on sale right now for $149. The HESCO pump has a 8 vane impeller machined out of aluminum instead of the 5 blade stamped steel one used on the factory pump.
Here the link HESCO describes the impeller differences:
http://www.hescosc.com/HFW.html
Here the link to order the pump:
http://www.hescosc.com/cgi-bin/ez-catalog/cat_display.cgi?3X364946#p
I have had mine one for 18 months and so far no problems. My factory pump had 135K when I changed it.
If you change the pump then I'd also recommend you change:
* idler bearing next to the AC compressor, I am sure it will be rough and it like a $10-$15 part.
* The drive belt, figure around $30 for a good one
* If the bearing for the mechanical fan is rough then change it. This will require you to buy a new AC mount bracket at the dealer. You can't buy the bearing seperately - $75 part 2 years ago.
* If the Fan clutch is approaching 5 years old or is of unknown age then change it out.