I found the problem!!! But, need the solution....
Hurray!
I found the problem today, and it was what was first suggested: the power valves. I think I had a hard time figuring this out because I was thinking of this as a SPEED problem, and not an RPM problem. But, I took the boat out today and noticed that my boat WILL NOT, under ANY circumstance, run between (indicated) 4200 rpm and 6800 rpm...you can creep the throttle up to 4100 rpm, and then give it a fraction more and bam: 7000 rpm. So, I disconnected the power valve vacuum leads and presto, the engine would run at any rpm I wanted, and could achieve any speed I wanted. I could even reach top speed (it just took about twice as long to get there).
Now I just need to find out how to trouble shoot the valve solinoid...
Hurray!
I found the problem today, and it was what was first suggested: the power valves. I think I had a hard time figuring this out because I was thinking of this as a SPEED problem, and not an RPM problem. But, I took the boat out today and noticed that my boat WILL NOT, under ANY circumstance, run between (indicated) 4200 rpm and 6800 rpm...you can creep the throttle up to 4100 rpm, and then give it a fraction more and bam: 7000 rpm. So, I disconnected the power valve vacuum leads and presto, the engine would run at any rpm I wanted, and could achieve any speed I wanted. I could even reach top speed (it just took about twice as long to get there).
Now I just need to find out how to trouble shoot the valve solinoid...