Its a 115HP OMC/Johnson TurboJet which is actually an OB motor attached to a Jet Drive in a 1996 Boston Whaler Rampage 15. (Don't judge me, it was a freebee from a friend [:-smile_green]). The boat is in great shape and the motor runs fine up to 3000 RPMs, in fact, it seems like it will run all day up to 3000 RPMs. But once you push it past that mark the RPMs drop way off until you back off to idle and then throttle up again to the 3K mark. Then, as soon as you push past 3K it drops off again. Previous owner says the carb has been rebuilt, in-line fuel filter change and fuel lines replaced.. all appears visually to be true. It performs the same way under load and in neutral. I already verified that the oil is in the gas by actually mixing it in the tank rather than chancing on the oil injection pump. So WTH??? It certainly seems to me like a fuel starvation issues but I know little about 2 strokes and even less about outboards. Thanks for any ideas on where to go next... or agaim.