Has this presented itself after the rebuild?
Do you get higher rpm, 3400, if you throttle up in neutral?
This checks to make sure your linkage and max rpm stops on the linkage are ok.
If you can,t throttle up to 3000-3400 it will not be a prop problem and may be:
1) A faulty injector which may not be spraying properly but instead dripping fuel on the inject cycle. This will present itself with blue smoke( unspent fuel), lack of power and likely an engine vibration. The injectors need to be rebuilt on an engine rebuild. Also good to have a spare on board, easy to change out.
2) the injector timing is accomplished by shimming the high pressure fuel pump, Which operates off a camshaft. When rebuilding, note the number of shims under the high pressure fuel pump when dis-assembling and re-shim accordingly when you put it back together with new shims. This injector timing, similar to spark timing on a gas engine needs to be correct to get the maximum amount of power out of your engine; injects fuel at the correct moment in the combustion cycle.
3) check your low pressure and high pressure fuel filters, blockage could also cause low power.
4) blue smoke and low power can also be caused by low compression in the engine cylinders. Diesel need high compression ratio to ensure spontaneous burn in diesel cycle. When rebuilt, were the cylinders over- bored and new piston/ rings installed? The head should also be rebuilt to ensure valve stems/ seals along with valves replaced. A poor valve seat will lower your compression and reduce power. Worn valve stems/ seals will let engine oil permeate into cylinder (also blue smoke).
5) make sure air is bled out of the high pressure fuel system. Any air in the injector system will compress during the injection cycle and will cause the injector/s to not operate properly. Can crack the fuel lines on the injectors and crank engine over until just fuel and no air coming out of line, then relighted.
Diesels are very simple engines. Lack of fuel, air, proper injector timing or compression can cause reduced power as mentioned above so ensure these are god before re- pitching your prop.
Reni