Yeah I can only think it was a mixture of things that occured in that one moment. I have had the warning buzzer sound before on a previous Yamaha when a wire came loose at the terminal. I can only at a guess think that the jolt caused by the motor dropping revs almost suddenly from WOT, after an extremely rough trip back caused something at the terminals to slightly come loose.
Wierd, but I think I have all bases covered. If it comes on again some time I will quickly get out the temp gun I now have stored in the boat for the next few trips hehe..
Well I gave it a true workout this morning and taking it out again tomorrow (well in 4 hrs) and everything was running perfect. Actually much better than before so I am quite happy and releived.