With motor trimmed to 90 deg along a well deck weight distribution, the ideal motor height setting for any toon is when water flow skims right under the upper plate.. That spot achieves the best prop thrust. Once there can go towards a prop maximization if needed.
Raise or lower the motor on transom accordingly to achieve that condition. Must visually check what's going on at back motor when playing with different motor heights, ear sound testing is no bueno nor exact.
Your previous water splash issue was due to water flow was banging over the upper plate and not under it where the sharp edge cuts nicely the flow and diverts it backwards like in pic. Water splashes side of motor or even over transom ones will create unwanted water drag on toon associated with rpm and speed reduction as have noticed.
Report your findings if the toon performed much nicely at that precise height setting...
Happy Boating