Ryan, I wish I could report otherwise, but like most other marine companies, Merc is holding off on anything new still and just trying to hold on; esp. at it concerns a revamped 350V or a new 400hp Verado.
It will be interesting to see when the new 300 Yamaha comes out and we get some real #s on these motors; if the Yams have a better performance and mpg, maybe Merc will do something if the 300 Yam starts eating away at 300 Vs sales. I was on the the 31T w/ the new 300 Yams at the Miami boat show and, being a previous 300 V owner, I was impressed with the power and midrange kick the Yam had. The mpg was impressive as well. I think we were doing 40mph and getting like 2.2 (Jeff if you read this correct me if I'm wrong) and when the driver punched it at 40mph we all had to be holding on as it was a nice thrust of power.