I have a 2002 228G Seafarer powered with a 2002 Yamaha 200 2 stroke I bought last year. Both had 450 hours. The boat is in great shape as is the motor, BUT, at WOT it runs at 4900 RPM and cruises at 25 MPH. I would like it to cruise at 40 or better if possible and WOT should be more like 5500. Should I upgrade the prop to a higher pitch, go to a 4 blade prop, or both?
I may have the same set up as you, but different model year. Mine is a 2001 228G with a 2001 Yamaha HPDI 200 2-stroke. When I bought the boat a year ago it was improperly prop'd. It had a 4-blade aluminum 15.5" diameter x 19" pitch. Result was slow hole shot and 33 mph top speed at 4400 rpm.
I replaced the prop with a Solas Titan HD 3-blade SS in 14.75" x 17". Now hole shot and top speed are excellent. Only downside to the 3-blade is mid-range cruise with a heavily loaded boat (fuel, water, gear, people) -- the lack of stern lift of a 3-blade means I have to run a bit faster (and more RPMs) to stay on plane.
With your engine, you should aim for WOT RPM of ~5200-5400 for a lightly loaded boat. On flat water my boat will now do 41 mph @ 5200 RPM, properly trimmed out, of course. As others have pointed out, if you keep the engine trimmed all the way down, the boat won't "get up and run". You need to trim up quite a bit once on plane to let the hull do its thing and move easily through the water. Trim back down only to the extent needed to cut through chop or maintain plane at lower speeds/revs.
As others have said, we need some more info to give you specific recommendations. Current prop diameter, pitch, blade count, material (aluminum vs SS), the load you typically carry (# of people, fuel, water, etc.), conditions you usually run in (smooth water, chop & wind, in ocean with swell, etc.), and what you are aiming to optimize (top speed, efficient cruise, or hole shot).