I just bought a 1989 Oliver 1650 with a 3.0L I/O Mercruiser. The carb was removed and rebuilt last month prior to buying the boat. Can't get more than 3000RPM and tends to bog when given full throttle, although will rev to 4500 out of gear. New mechanic took off carb and said it was full of water again and flooding. Re-rebuilt and re-installed. Same symptoms!! He now thinks there might be some kind of restriction in the exhaust?? Another Mercruiser mechanic told me he had a similar problem that 5 carb re-builds would not cure. The carb was pitted from water and the cure was a new carb. Presto worked fine. Anyone experienced similar problems? 