Re: wot rpm not reached
Go to the Mercury Marine web site and use their prop selector to determine what prop you should be running, and compare it to what you have.
Be advised that their model years only go back to the year 2000, and assumes a good healthy motor developing full horse power. If your motor has a few years on it and is likely down a few points on compression, take the pitch they give you and drop one size to account for your motor's age. That usually works out quite well.
Also on their web site; in the engine section, are tests of all the various motors on like size boats for you to look at to see what size/type props were run on a 75 Optimax(in this case) on a boat like yours. Again, use caution in following their size exactly, since the motors tested are new, and yours may not be able to pull the same pitch. If the motor tested was using a 19 pitch and turning good rpm, you probably need a 17 pitch.
You want your motor to turn between 4750 and 5250 rpm.