I have a '94 V21 with the exact same motor. I get 2.5mpg on average. Seen 43mph a time or two when pushing the stick all the way up but typically 28 - 30 ish mph cruise speed. Plenty enough for my wants/needs. Motor has been solid with exception of fuel pump failure around 400 hrs. Rebuilt those and no engine problems since.
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1994 Wellcraft V21
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