Re: 89 75hp merc
Analog tach's are OK, it is very important that the load on a well tuned motor allows that motor to operate within the specified range at WOT. If over-loaded it will radically shorten the life of the motor.
There are guys in the Prop forum that can calculate your boat, size, weight, etc., and give you a prop pitch recommendation, however, the first thing they will ask is if your compression is good, ignition hot, both at low and high speed, and that your fuel system/carbs are clean and adjusted properly. Which is the reason I recommend DVA testing the stator, reduced output from the high speed windings will not create sufficient voltage to fire an arc across the increased cuy pressure of WOT, the engine power and speed will be limited to under 2500 RPM.
No load, even a weak ignition will rev the motor high enough it can grenade and blow the rods out the sides.
Test and PROVE the stator good/bad.