Re: And now, the not-so-good news
We ended up doing a complete rebuild with a new (old) gearcase as the threads on mine were too far gone. No nose cone on the new case. We put in new seals & bushings, new bearings, new pinion gear, new clutch dog cam & pin.
I figure I lost 2-3 mph with the lack of a nosecone. I actually ran 4-5 mph less, but I figure higher air temps & lower air density of summer accounts for half of that.
Top speed on GPS was 47 mph at 6050 rpms straight downwind in 20kt wind and a light to moderate chop, trimmed out and surfacing the prop at that speed.
Here are the stats:
Boat is a '72 Seafari
Motor is a '91 Mercury 2.4L 150 Xr4 carb model reman'd to produce about 190 hp w/ 20" shaft.
Fuel burn at WOT was 15.8 gph.
Gear ratio is 1.75 to 1 (off a Merc 3.0L)
Prop is custom PowerTech 15"D x 16.5"P
Hull has fresh Slickote bottom paint.
Carried one person and about 20 gallons fuel.
__________________
Common Sense is learning from your mistakes. Wisdom is learning from the other guy's mistakes.
Fr. Frank says:
Jesus liked fishing, too. He even walked on water to get to the boat!
Currently without a SeaCraft 
(2) Pompano 12' fishing kayaks
'73 Cobia 18' prototype "Casting Skiff", 70hp Mercury
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