Thanks all for your ideas. I've spoken with our yard mechanic and below are his reactions to your ideas. One thing I didn't mention with my original post is that the problem came on pretty suddenly. We had a 12-mile trip from Martha's Vineyard to Cuttyhunk. It was during this trip that I noticed the lack of upper end rpms and the smoking, meaning that it came on pretty suddently. We had run the engine for about 30 hours prior to Martha's Vineyard. The last time I got fuel was at Lake Montauk, NY, a very active fishing and charter port - the last place one would expect to get bad fuel.
Yard mechanic's comments about your ideas:
> Mixing elbow: Possible, but the problem would creep up over time, not come on suddenly.
> Compression: Probably not because low compression would result in difficult starting which I don't have.
> Fuel getting into crankcase: No, the oil does not smell like diesel at all and is not thinned.
> Fouled prop: Again possible, but unlikely because of new paint, but will be diving on it next weekend to look.
I bought the boat a year ago and was told it had been lightly used. The hours meter doesn't work but there can't be 1,000 hours on it. Even if it has 2,000 it is a young engine.
Personnally, I think it could be the fouled prop (diving will determine that soon) or a clogged injector.
Thanks for your interacton. Any other ideas or comments??