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He said that on his 20 Mako (same weight, if not heavier) the boat tops at 38 MPH and cruises at the mid upper 20's at 3.9 GPH (per Icommand)
Thats perfect for my application. When I asked about the 150 he said no sense to spend the extra money.
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I have a 1979 Mercury Blackmax chrome bore vertical reed 200hp on my seafari. The motor cruises at 35mph, burn is 3.5+ mpg . . . I've seen as high as 3.9 mpg @ 4200rpm flat calm conditions with 4 people + full tank. These motors can be had for less than $1000. The boat likes to be driven at 35+ mph. Don't go the 115 . . . 150 will have been fuel economy and live longer.