My Volvo Penta 5.7 MPI also (MEFI 4?) requires some throttle when starting otherwise it’s sputters and dies when first starting cold. Warm starts give no problems at all. I think I figured out if I leave the key on for a little bit, it gives the IAC stepper motor time to move from the hot, running position to the cold start position. I also just realized that I usually turn the battery switch fully off between outings, so it may be that the ECM doesn’t know where things are when power is removed from it between outings. The fuel pressure doesn’t drop at all while the engine is off for even a few days. I think this is telling me I probably need to replace the IAC valve because it’s not moving fast enough. I also noticed if I’m running fast and return the throttle to idle too fast it will sputter and die sometimes as well. The fuel pressure is 50 to 60 psi depending on manifold vacuum, which appears to be normal. The last boat I had used a throttle body injection MerCruiser and it just ran and started and stopped without issue. It seems that perhaps the MPI engines are a bit more persnickety.