logs are fine for what your doing , and they will help to keep you in with the neighbors . Like Tom said check tach , your rpm's are low for 454 with a A impeller .
Just throwing this out there, these guys ar giving you sound advice..
If you're looking to get the boat to run well while still getting some economy and you're gonna stick with the logs, I would recommend a 750 CFM spread bore vacuum secondary carb, they take a little tweaking, but have better part throttle fuel economy and it is there when you want to "blow out the cobwebs"...
You need to shoot for 4500 RPM at WOT, really for a few reasons. The first reason would be to prevent overloading the engine, if you're running WOT and only getting 3500-4000 rpm the strain on everything is huge and unnecissary, the second is pump efficiency, an A impeller works super duper well at 4500 RPM, if power will be that low (250+/-) maybe cut you're stuff down to a B (not recommended on a big block).
650 CFM IMHO is pretty small and if you're going to go that route, why not switch to a small block? I would be willing to bet you could find a killer trade and the boat would lose 200# in the process.

bulb
The older impeller designs were rated at 330 or so HP, but with the advances in alloys and machining practices, that number has improved greatly. With your setup, you really can't beat an aluminum wheel.
Lastly, you would have to have some extreme hull/intake problems to cavitate an A at 4000 RPM. you should be OK there.
GT

hand