Loss of RPMs on 2700 SCR 5.7L MPI B3

[mmccaslin]

My engine will not go over 3700 RPM out of the hole at WOT. I cannot get on plane even with the trim tabs. I sometimes even lose a few RPMs. Used to peg 4600 out of the whole and on plane in about 40 yards with a top speed of 38 mph. New plugs, dist cap and fuel pressure checks close to 50 lbs. No water in fuel even added SeaFoam to be sure. Fresh gas. Could it be an exhaust problem? Could the flappers in the exhaust stick and cause this problem?
Please help.

[seapuppy]

well..in the tank is a pickup tube with a screen...if that is crapped up..your not going to get enough gas no matter what pressure you have....the other thing to check is the tank vent tube....if that's plugged....same thing...a vacuum forms and you can't get up on plane...to check if it's blocked...open the fuel fill port...go out and run the boat....betcha the rpms comes back then.....
one other item....what does the hull look like???...got any slime or crude on the bottom???..your not going to make plane if that is there....

SP