I just recently purchased a used 2009 Crestliner 1650 Sport Angler with a '09 mercury 75hp four stroke efi. When I test drove the boat prior to purchase it started right up, and planed out quick enough. Well, quick enough I thought for the lowest rated motor recommended for this boat. In that test run we ran it up to 32-34 MPH (boat speedo) with 3 people in the boat and a full tank of gas. I've never owned a four stroke, and was amazed at how quiet it was. I was somewhat unimpressed with top speed. But, given it was the lowest HP rating for the boat my expectation was somewhat low. First chance after purchase I took it for a run with the GPS. Unfortunately the GPS reading is more accurate, and that measured a top speed of about 28 mph. Absolute quickest I've run is 30 mph with the wind and waves at my back; Me and a 15 year old on board and a full tank of fuel. So, that got me to start messing with prop and checking rpms. Tach reading at WOT was 4500 rpms, well below the range specified in the manual of 5000 to 6000 rpms. Ugh. The prop that the boat came with was somewhat junk, so I swapped out with a new one that also came with the boat. Pitch did not change (13.25 x 17p, 3 blades), but it was in new condition, unblemished. Needless to say the change was unnoticeable. I did run it for about 35 minutes at 3/4 throttle (one way), and then again back for another 35 minutes at 3/4 throttle. On the return I noticed a bit of a tick (tickticktickticktick, continuous). Given it was only my 3rd time out with the boat, I wasn't sure if it was there before and just hadn't noticed it. So, I then checked the oil and wow.... oil came gushing out of the dipstick. I was really mad about the mess I just made, because I've never seen the inside of a 6 year old motor look this clean. It was spotless. Anyway, after cleaning up the oil I proceeded with an oil change. The old oil seemed very runny, more the consistency of water than oil. Pretty sure this was fuel in the oil, but my nose is not the best (likely though). After filling to recommended level (about half way up the crosshatch) I took it back out for another run. No change. It starts right up, planes reasonably well as before, but max rpm stops at 4500 and max speed was right at 28 mph (full tank of gas, and one kid as before). After bringing it back in a rechecked the oil. Looks clean and not runny at all, but oil level is up to the top of the crosshatch vs. midway after the fill. Not really sure where to go with this next, I do have a mercury service shop close by that's really good. Curious if anyone has thoughts on this or has had similar experience with the 75hp merc four stroke?