Adam- just throwing out some more quick thoughts.
I expect you have done this but I don't think I noticed it in the videos. While running WOT underway did you also try manually gradually opening the secondaries fully to see if there was any RPM gain (or stumble)?
Also , have you tried watching the timing light strobe flash when placing the inductive pickup on each successive plug cable to see if there is any noticeable difference in brightness or consistency of the flash, or of the steadiness of the timing reading at higher rpm?
You mentioned the carb had been replaced I believe and fuel pump changed from mechanical to electric/6 psi. . Just asking, are you sure the sight tube vac inlet port at the carb ( from the old pump) is well-sealed now? Apologies if that has been previously covered .
*** New thought to consider:
Here's the timing curve graph for your description of '92-96 Mercruiser 7.4L Bravo, Gen V ( T-bolt V ignition, yes?):
http://www.boatfix.com/merc/bullet/95/95_11.PDF ( p. 19 . Note the graph is for advance only & initial timing component has been subtracted.)
it looks to me like the advance-only should normally be around 26* at 2000 RPM, which with your 8* initial timing should show about 34* total timing at 2000 and above , or 0* on the engine timing scale using an advance timing light set for 34* BTDC.
Your engine may may have timing limited in knock partial-retard mode.
I think most of us may have been thinking Knock Retard would not be applicable to your carbed engine, but this diagram of the harness and sensors shows diagram # 34 which is part # 805544T , a knock sensor.
http://www.marinepartsplus.com/cata..._V-8_1992-1996/821723+92/1621-90#805544T_jump
Here's the part:
http://www.marineengineparts.com/sierra-marine-18-7703-knock-sensor.html
If indeed your engine does employ that part with the T-Bolt V ignition module, I would 1st try plumbing in a clean portable O/B tank of fresh new 91-93 octane-rated gas or the closest you have to that rating locallly, and go for a run. If that doesn't help, at this point it might be worth swapping in a new sensor. Cheaper than a Thunderbolt module if swapping parts , as I don't know how to test a knock sensor on a non-injected engine. (if there really is one.)
If I have the wrong diagram for your described engine & ser# then this would not apply, but I'm a little optimistic.
By the way, if you subscribe ($20) to this forum to "anchor up" you can have full access to the extensive GVP "Mechanical & How-to Articles Forum " here with LOTS of valuable diagnostic/service info including many Merc manuals and so much more (like the info above).
I expect you have done this but I don't think I noticed it in the videos. While running WOT underway did you also try manually gradually opening the secondaries fully to see if there was any RPM gain (or stumble)?
Also , have you tried watching the timing light strobe flash when placing the inductive pickup on each successive plug cable to see if there is any noticeable difference in brightness or consistency of the flash, or of the steadiness of the timing reading at higher rpm?
You mentioned the carb had been replaced I believe and fuel pump changed from mechanical to electric/6 psi. . Just asking, are you sure the sight tube vac inlet port at the carb ( from the old pump) is well-sealed now? Apologies if that has been previously covered .
*** New thought to consider:
Here's the timing curve graph for your description of '92-96 Mercruiser 7.4L Bravo, Gen V ( T-bolt V ignition, yes?):
http://www.boatfix.com/merc/bullet/95/95_11.PDF ( p. 19 . Note the graph is for advance only & initial timing component has been subtracted.)
it looks to me like the advance-only should normally be around 26* at 2000 RPM, which with your 8* initial timing should show about 34* total timing at 2000 and above , or 0* on the engine timing scale using an advance timing light set for 34* BTDC.
Your engine may may have timing limited in knock partial-retard mode.
I think most of us may have been thinking Knock Retard would not be applicable to your carbed engine, but this diagram of the harness and sensors shows diagram # 34 which is part # 805544T , a knock sensor.
http://www.marinepartsplus.com/cata..._V-8_1992-1996/821723+92/1621-90#805544T_jump
Here's the part:
http://www.marineengineparts.com/sierra-marine-18-7703-knock-sensor.html
If indeed your engine does employ that part with the T-Bolt V ignition module, I would 1st try plumbing in a clean portable O/B tank of fresh new 91-93 octane-rated gas or the closest you have to that rating locallly, and go for a run. If that doesn't help, at this point it might be worth swapping in a new sensor. Cheaper than a Thunderbolt module if swapping parts , as I don't know how to test a knock sensor on a non-injected engine. (if there really is one.)
If I have the wrong diagram for your described engine & ser# then this would not apply, but I'm a little optimistic.
By the way, if you subscribe ($20) to this forum to "anchor up" you can have full access to the extensive GVP "Mechanical & How-to Articles Forum " here with LOTS of valuable diagnostic/service info including many Merc manuals and so much more (like the info above).