1988 V20 with 225 Honda

[jackman1939]

I keep thinking something isn't right, but I don't know what!! I mean, the thing runs great, and I love it for fishing, but still am wondering what's up with it.
I assume WOT means Wide Open Throttle - when I floor it, it goes 41 mph - I adjust the tilt up and down some and I get 5300 max rpm and 41 mph. Just thought of something: when I push the throttle all the way forward, it bottoms out on the console. Maybe the trhottle has some adjustments that could be made so it could go further?? Don't know, never looked into it - maybe the throttle being pushed all the way forward does not necessarily mean that the motor is wide open.??? Any suggestions on checking that? Guess I could take off the cover and see what's going on under the hood when the throttle is moved.
Sounds like I could move (remount) the engine up 1" to get the cavitation plate 1/4" above the bottom of the boat.
I am really frustrated with this outfit. The guy I bought it from said it does 55 mph! Never saw that - guess I should have tried it out in the water before I bought it.
Oh, well - maybe one of you experts and figure out what's going on.
thanks again,
Jack