Re: Ride plate seal
Start off with the easy first.
GPS your top speed. I'd like to know you're getting full thrust all the way thru your throttle range. I think 34-38mph (by GPS) should be about top speed.
Verify your reverse gate is clearing your jet nozzle in forward. It should also not have much play in it. It should clear the jet nozzle in forward and about 1/2 way cover it in nuetral. Also look in through the end of the nozzle (put in forward to move the gate out of the way) and make sure there aren't any obstructions (rocks, leafs, etc.) on the aft side of the impeller.
You should also look up thru the intake grate at the leading edge of the impeller for nicks/gouges.
If those all pass then move deeper and check the clearance on the wear ring.
If you're not cavitating I don't think I'd mess with the seal unless you take the ride plate off.
If it ain't broke, don't fix it!