Re: 150 hp Merc 2 stroke
Bob, All non direct injection Mercs (and OMC motors too) are designed to work just fine on any TCW-III rated, 2 cycle oil. There are all kinds of claims of superior performance, cleaner running and longer lasting from folks who have specific preferences for one brand of oil or another.
It's your motor, run what you want. Wallyworld TCW-II works just fine in that motor as will Merc Premimum Plus and other premium oils.
Wallyworld oil on sale for $7/gal, adds 14 cents oil cost to every gallon of fuel. If you pay $35/gal for some premium oil, it will add 70 cents oil cost to every gal of fuel.
However, it is your money...