ChrisP and Pam,
May I take a different tack (couldn't resist) on the question at hand.
If you're going to cruise, wouldn't you be more concerned about gas efficiency than how fast you can get there? How much faster do you expect to go?
If your red line is 6000 rpm, then your most efficient speed will be at about 4800 PMs. Your 5000 is close enough. I don't think you will plane under 20mph. I think you would have to get a much higher HP motor to hit the speed you need to plane. Beene has a 70, and he can hit planing speed. I have a 50 HP, Honda 4 stroke, and I can only hit 18 with no ballast.
When MacGregor advertises that their boat can do 22MPH with a 50 HP motor; I would be surprised find out that A) the ballast tank was not empty, B) there was more than one person on board, C) the boat had an anchor, chain, cushions, sails, maybe even the mast. and D) more than three gallons of fuel.
I'm sure there will be someone who can tweak you higher, but you would be using a heck of a lot of fuel for a cruise. On the other hand, if you just want to go fast for the heck of it, well, by all means, push her for what you can get. She is a powersailer
Ray