Knot's got my back. LOL
I was actualy able to prove that timing therory out when I first splashed it in the spring with the new motor. I was getting a definate "splat, splat" sound when trimmed out running at or newar WOT and I could feel it was loosing bite.
I checked and found the props one spline off from being at the clover leaf pattern like Clay posted. I reinstalled and it eliminated the "splat splat" and made a difference I could feel. That was within the first few hours and it's got about 45 on it now.
There are 2-3 others that I know with applications (they are bone stock, but big blocks) that are turning 28-30p props at 4800-5200 engine RPM wiht 2:1 gears, so turning the props in the 2500 RPM range and approaching the 60 MPH range, that have the same burns. One has labbed props.
I think it obviously has to do with the hydrodynamics once the props get past 2000 RPM, speeds are raching the 60 MPH range and maybe more pronounced with the higher pitches.
I've seen Clay's props which are also 30's, but his were labbed with significant cup and I don't believe he ever had any problem and he was definetly spinning them up there and at speeds in the range of 10 MPH higher.
One difference besides being labbed/cupped and having 1.81:1 gears was a nosecone.
I think the hydrodynamics of the BIII just fall apart once you start getting closer to 2300-2400 RPM and reach certain speeds (60 + MPH??) which is why the nosecone works.
Just a therory, but based one the few common threads between similar applications.
(pssst. are you listening Merc.? I'm an ideal candidate for a BIII XR (with the new props) case study.

)
In the mean time, I have a cav. burned prop with a small stress crack I'm almost certain I'll need to give a proper burial to, so I'm looking for Plan B.