I've owned a GF boat or two over the years as have many of my friends and neighbors and this is my take on speeding.
Most are very experienced boaters and know the law but like to make an occasional speed run just for the fun of it. Usually when conditions are right and when there are no other boats in the vicinity.
Most serious accidents and deaths have been caused by capt boneheads and/or alcohol. I can't recall any caused by speed alone although someone may prove me wrong.
My boat will barely do 50 and I'm burning 30 GPH wide open so most of my boating is at planing speed or less
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