Although rated for up to 250 horses, we ran a Yamaha 225 hp four-stroke with a new 20-inch shaft, which lifted us up in about three seconds and topped out at 48.7 mph, burning 19.7 gph at 6,000 rpm. While a 350 hp Yamaha would weigh considerably more than the 225, I bet it would be a scalded-dog package. At more common cruising speeds, I found the 2202 ran 40 mph at 5,000 rpm, using 13.5 gph; an even more moderate 35 mph at 4,200 rpm translated to 10.7 gph. Yes, it was very responsive, but I felt the hydraulic steering was a bit stiff and wished for power-assist.
Amazingly, trim tabs come as an option on this boat. I suggest it should be standard, and you shouldn't ever get any bay or flats skiff without tabs. No, it doesn't need them for a good running attitude. However, when working shallow water, they come in very handy as they also do when you want to lift the upwind side crossing a rough bay.
I'd also be sure to purchase an aftermarket Power-Pole for the transom. It sure is easier than anchoring.