Re: 96 200 johnson timing issue???
Yes that will absolutely cause you to have no power to plane out.
Here it what I would do....
Disconnect the timing linkage from the throttle linkage. This can be done many ways, but just remove a key piece (any piece) that effectively disconnects the two linkages. There is one particular pivot piece, a kind of a swivel linkage, that is held by a shoulder bolt that threads directly down (vertical) into the intake....it is a large bolt head, maybe 3/4" or so....and that piece pivots on the bolt.
That is the one I remove. Easy to get to, and easy to put back. Does not mess up any adjustments....etc...
I disconnect the throttle side so I can give it manual advance WITHOUT also giving it gas, so the risk of gas spewing out the plug holes is minimal. Don't pump the primer bulb, and don't hit the key "choke"....the idea is to just crank the engine, with spark enabled, but no gas.
Pull all plugs except #1. Now you should be able to manually (with your hand on the loose timing linkage) advance the timing through it's full travel.
Put a timing light on #1, and place the timing linkage in idle position. Crank the engine, and note the reading. Should be around 4*ATDC.
While the engine is cranking, move the linkage manually, watching the timing move using the timing light. It will move on the flywheel toward that 18* mark.
If it never makes it to 18*, there is something stopping the timer base from moving.
I just stopped writing this and re-read your posts....You say WOT timing stop is screwed IN as far as it will go.
Notice that the farther IN it is, the shorter the distance the timer base will rotate under the flywheel.
So, turn the screw OUT to increase the travel of the timerbase as it rotates. Manually put the timing linkage at the WOT position, and crank the engine, checking the WOT timing against the flywheel marks. As you turn the WOT timing screw OUT the timing should move around the flywheel to approach the 18* mark. I would set it for about 16* BTDC and lock it in. MAke final close adjustments on the water at 5k rpm.
Once you get it set, put the linkages back together so the carbs now operate in sync with the timing linkages.
It is highly recommended that you go through the entire link and sync procedure again.