Welcome aboard
Not fimilar with mercruiser’s? Most popular I/O in northamerica.
What year is the boat?
Did you have the props checked? A small amount of damage may not be visible to the eye but make a big difference.
While there are no codes I would perform a compression test of the cylinders to make sure they are all healthy. You can have a bad cylinder and other than a loss of power not know it.
Potential issue with low fuel pressure, either regulator or cool fuel clogged by inter paint chip which is a know issue on some years.
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1997 Silverton 362, 7.4 Crusaders
1997 2400 SCR, 5.7 Vortec / Bravo 2
Mike
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