Re: Volvo 75w 90 synthetic gear lube in a 1989 Cobra drive.
That's just it... the manufacturer invests a lot of money in the development of their product so they aren't about to advertise the grade, the ingredients or much about their blend of enhanced friction reducers, anti-foam agents, and synthetic E-P additives, etc. It makes it hard to judge whether one should spend 4 or 5 times the price for an oil that may only be 5% better than a generic synthetic.
Generally speaking, oil manufacturers normally label their synthetic gear oil as 75W90 where it serves as a replacement for conventional 80W90 gear oil. In the case of a performance oil produced specifically for lower marine gearcases, the grade & weight is really incidental.
More to the point, I think it's more important how often you check and change your oil than whether you should pay top dollar for the 'top shelf' oil. Is HPF Pro a better oil than cheaper synthetic or conventional? I believe it is, but if you have water infiltration in your gearcase and you don't check it, it will still eventually fail.