Thanks all for replies

I guess I got trigger-happy with the keyboard, my boat is a fastroller 310 not a 340 as I stated, so my max engine size is a 10hp. Makes sense what you guys were saying about getting a 15, but 10 is the limit.
A four-stroke would be nice and no doubt cleaner, but they seem to weigh about 30% more than a similar 2. The point being, its mostly just duggy-no-mates in the boat, as none of my friends are interested in leaving the pub for long enough - lol.
As to running time, I must admit, I have the throttle full open most of the time, though Im surpprised that 1hr/USgallon is the norm. I had expected it to be a bit more economical.
I have noticed that once its planing, I can throttle back to about 75% and still hold the plane nicely, so maybe Ill excercise a little more discipline.
Regarding the oil slick, Nos, I've left the carton in my mums garage, so not sure exactly what type, but the ratio is 100:1 so I guess its gonna be pretty mucky. I compare that to the 50:1 on most newer engines - and a wee scooter I used to have.
/reminisce...
Ill take a look at the mixture as Andy suggests, and see if I can find a nice balance there. That, combined with "throttle-discipline" could make for a good experiment.
Really I just didnt like the idea that it was leaking fuel through the engine (worn valves or whatever) and pumping it out into the water.
As to a new engine, well, Ive been looking at the Tohatsu 9.8hp 2-strokes. Aparently theyre pretty good, and a decent price. Whats more theyre light, which is good for when Im using the boat myself, and also just man-handling the thing on my own.
Anyone had any long-term experience with these engines ?
Thanks again, for the info guys, I feel a lot happier now, and Im not panic-saving for a new engine
rgds,
Doug.