My 90 482v started life with a 2.4 150hp and ran 53mph. When I got it I swapped the block for a hotrod 220hp that'd run 65mph with a 6" plate. But I had to run a 4 blade prop to lift the bow and lost top end. I Went to a 10" picked up a 24 fury and was running right at 70mph with a 3 blade and never had any issues for years.
Now I run a 240hp 2.5 on a 12" paralift jackplate (Hydraulic) up at almost 80 on GPS.
The 10" is where it was at for my boat, I am contemplating going back to a standard 10"plate.
2.4 with 10" plate https://www.youtube.com/watch?v=E9b5R6JczAMhttps://www.youtube.com/watch?v=ieFEV3akruE
See that lift? when was the last time you saw an old Ranger run like that?
2.5 with 12"https://www.youtube.com/watch?v=LZiYDBnn0ag
Not the same view but you can see from the splash for a heavy old Ranger it is flying.
But like Steve said Model makes a huge difference!