There was a Seafari recently for sale on the forum with a 115 E-TEC. Should be a good source of performance info!
The V-4's were 50 lbs lighter than the 2.6L V-6 when I was looking at them, but I think they've started using the V-6 lower unit on the V-4. Although it's probably bulletproof with the big lower unit, the V-4 is much less attractive with only a 28 lb weight savings. The price differential back in 2006 was a little over $3K. You might get a better deal on a 135HO, which is a slightly detuned 150 but with a lower drag LU.
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