Thanks everyone for your help,
This week I sanded the repair I found under the transom, flowcoated it, and sanded it again. I also flipped the bolts on the se200 sport so the heads are down.
Went for a run in the boat this morning out from cleveland to harries. (didn't catch much

) It was abit choppy but still got to give it a good squirt.
That chunk of bog was the problem.
I can now trim just over half the gauge (2 bars).
This is one bar more trim then before I installed the se sport and one & a half bars more than after I installed the se sport.
Some extra info, I got 54 km/h on my gps at 5800rpm with 2 people n fishing gear. ( speed gauge said 37mph but it is prob wrong. )
It has been said that the cav plate be in the water while on the plane. I checked this as well and the cav plate is just out when trimmed 2 bars, does this mean I should trim a little less?
Here is a picture of the motor angle / trim at 2bars.
Attachment 69303