No smoke through RPM range says injectors are probably OK and you are left with an overload .. The prime suspects are: too much prop pitch or a clogged exhaust ell. The clogged ell will cause a power decrease leading to an overload where there shouldn't be one. You can probably read the prop pitch by sanding the hub lightly with waterproof sand paper (without pulling the boat). Happy hunting!
Benny is correct about a "tune up" ya really should verify that the valve clearance is OK while you are messing around in there.
Benny is correct about a "tune up" ya really should verify that the valve clearance is OK while you are messing around in there.