Since you are talking about most economical cruising speed, I would suggest just attaining full planing attitude then backing off to the lowest 100 RPM increment the boat will retain plane with at least average onboard load of POB, liquids and gear.
Then, fine tune the trim tabs to maximum GPS SOG at that RPM. Note that RPM & speed on a sheet of paper (or computer device).
Throttle up 100 RPM , fine tune tabs and record that engine & GPS speed.
Repeat for each 100 RPM increment until at least 80+% of WOT RPM is recorded.
Then find the difference ("delta") in speed attained between each successive 100RPM increment.
You should be able to find the 100RPM range where incremental speed delta has maxed just before it drops lower again. That is the most economical cruise speed for those conditions of load and sea. if you keep a table and/or graph of those observations, it could help you confirm loss ( or improvement) of efficiency later due to ignition, prop, hull fouling , etc., issues.
Besides the accurate fuel used totalizer function , the beauty of a fuel flow management system interfaced to GPS speed input is dynamic NMPG data display available full time for all speeds, load, trim tab & sea conditions, even favorable or adverse current.
I'd also note Hogan's observation about running 300 RPM off WOT throttle indicates his engine(s) is diesel, so that definitely would not apply to your gassers.
Several gas engine mfgrs. like Crusader recommend about 75% of WOT for planing cruising speed , but most planing boat operators find actual observed most economical RPM to be lower or substantially lower than that