I have installed a Navman 4380 on a 22' Aquasport with a 150 Yammy. took it out yesterday and calibrated. It says at 4100 rpm 30 mph in the ICW that I am using 3.78 gph. At wot it says 6.80 gph. Does this sound right??
According to some posts I read some time back on THT & the manual, it has to be mounted so the transducer inlet is directly below the exit, and then secure to the boat. If it is not vertical bubbles in the gas will cause it to read low.
I also think the reading you got is about 1/2 what you were really burning.