This is a condensed version of lower leg issues, 2 themes are involved : (1) Splash Issues (2) Lower Leg Performance.
-If having water splashes out ot over transom, raise engine accordingly till water splashes disappears completely.
-Depending on lower leg height cond could achieve 3 possible performance conditions provided that engine and prop are healthy, engine trimmed at 90? for AV p'late to ride parallel to water level and deck weight evenly distributed while combo is on plane.
Lower Leg Water Performances :
-1 Upper : Best performance under flat calm and choppy water cond, perfect tight close turns. Best prop grip & thrust.
-2 Middle : Good performance on flat calm water at straight water courses, some aeration on choppy water cond and at close tight turns. Good, not opt prop grip & thrust.
-3 Lower : Crappy performance on flat calm water at straight water courses, worst aeration on choppy water cond and at tight close turns. Worst prop grip & thrust, less water bed for prop to fully grip as in (1)
Matching best engine height and top performance will depend entirely on boat model, hull shape, transom height and HP engine brand. Under any dry installation, that's sitting any given engine on any given boat's transom all boats will achieve propulsion, but probably not top one specially if having a under powered engine. This is a exercise for engine height optimization, can go from there for a prop maximization to suit your boating needs.
Happy Boating