Re: 1994 60 degree 150 HP, only getting about 100-110 HP. cannot find the problem.
Waiting for the pics of the sparks, they might tell a lot.
As for the timing, just grind off some from the stopper to allow the optical sensor bracket to move a bit further back at idle. Did that myself on a couple of engines with too high idle. Not sure which gaskets you have between throttle bodies and reed, but there were some problems in that area and change of gaskets.
Waiting for the pics of the sparks, they might tell a lot.
As for the timing, just grind off some from the stopper to allow the optical sensor bracket to move a bit further back at idle. Did that myself on a couple of engines with too high idle. Not sure which gaskets you have between throttle bodies and reed, but there were some problems in that area and change of gaskets.