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Following up on the binnacle item, I was able to rotate the entire control assembly in the slotted mounting brackets towards the rear. This allowed for greater throttle travel distance, such that the throttle handle now bottoms out prior to contacting the console. I'll be interested to see if there was anything left in the engine, but as noted above am skeptical that it will run faster.

The Remote Control installation manual provided no details on pulling the throttle handle and rotating it back a notch or two for greater forward clearance. This may not be an option in the modern Mercury remote.