The instructions provide were excellent! This is precisely how I removed and replaced the water pump. The instructions I found at 2 different parts houses along with what I was told by 1 mechanic all indicated that the timing belt cover had to be removed to replace the water pump, which is why i referenced removing the timing belt cover.
From your post the only thing I did not do is apply any RTV to the connection between the snout and the water pump. I did apply RTV to the pump where it connected to the block. I don't have any leaks and the truck is running great.
I really appreciate the advice and helpful folks on this forum. I spent a Saturday afternoon making the repair, learned a little bit and saved about $600 based on 2 estimates I received from repair shops.