I did 5 minutes of Bing searching and found that LP is right, a few states have "distance from shore" speed limts, I could not find a "distance from other boats" rule.
That said, I think the rule is much more good than bad. The good is obvious, the bad is only in a few spots. Places like the six pack that would probably be just as safe if two boats could pass on plane.
One thing that is kind of funny is leaving the Weirs channel. If you're leaving the channel moving at headway speed and another boat is 100 feet behind you moving at the same speed, you can never speed up. The MP could write tickets all day following people out of the channel
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