My 1992 120 hp L Drive is still going to 2500 rpm and nothing higher. I have tested compression (130-135 on all 4), spark is good at idle (not sure about when in gear), new stator and trigger, timing is set good, new plugs. It kinda feels, sounds, and smells like it is flooding at 2500 rpm's and drowning it. The motor does not cut off at that speed, but just stays there. My guess is a stuck float on one or both carbs maybe? Lemme know what you guys think!
Bryan
Bryan