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Originally Posted by simonl
All very valid points. I should have added that this is for a different boat, sorry.
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Ah.... In that case it kind of depends on the boat and what you're going to use it for.
No doubt there'll be responses advocating "the biggest the transom can take" and this definitely use to be the case, however, that formula can now produce some totally impractical, dangerous and ludicrously expensive solutions.
If the 150hp is going to be "working hard" most of the time then regardless of fuel consumption I'd go for the bigger engine. It's likely if a 150hp is having to run 4500 - 5000 rpm to "earn it's keep" the 200hp won't be any more expensive on fuel but you'll probably have to go into this in quite a lot of detail to get actual figures. Info on what you're thinking of and it's application might help if there's folk here with something similar.