I have a 1989 Bayliner Trophy 2159 with a 3.0 OMC Cobra. I have only had the boat a couple of months, every time we have had it out we were only able to get approx. 3000 rpms at full throttle. I have checked the fuel pump, cleaned the flame arrestor, emptied the fuel tank and put 93 octane non-ethanol back in. I pulled down the rubber hose between the riser and the L pipe and the shutter valve is missing, the shaft is still there. I pulled the outdrive off today and have not found any evidence of the missing shutter valve. I was wondering where the valve is typically found, can it make its way all the way to the lower unit?

