Jamie that's in the right ball park as you have a heavy large SIB and well fed crew! Perhaps a little low maybe though?
First thing to check is if you are 100% up to pressure on tubes and keel using a gauge you trust and rechecked after 10mins on the water.
I always check under the OB hood to make sure the twist throttle opens the carb fully.
Prop pitch is worth checking...I'd guess a 10" would suit you.
However it's impossible to tell if you are getting the best from the outfit without knowing engine revs so you need a cheap universal rev counter and to give us some revs vs speed readings. See this thread for guidance on a tach...
http://www.rib.net/forum/f36/best-ti...ype-71268.html