I agree and restate my conclusion that using the peak on that curve to predict best operating point on the prop curve is baloney.
We may end up going in circles here, but hey, why not....
There are generally two approaches to propping a boat.
1) Prop to extract max HP out of the engine. To do this you select a prop such that the prop load curve intersects the engines max power curve right at max allowed RPM. This assumes that max RPM is where the engine makes max HP, and is nearly always the case. This lets you run the engine up to full RPM, with max load at that RPM, and max HP. This is the way that all engine manufacturers require you to prop the boat if you want the warranty.
2) Prop for max efficiency at some desired cruise speed. This is what FF was talking about. The idea is to ignore any goal of utilizing max HP, and instead pick a prop where the prop curve passes through the region on the BSFC map where max fuel efficiency is achieved. Then run the boat at that most efficient operating point. When you do this, you are essentially cutting off the top end of the engines HP capability. This is because the new prop curve will load the engine to full power somewhere before it can reach full RPM. Anything above that will be overloading the engine, and it's up to you to be sure you don't do that. You should only prop this way if you either don't care about your engine warranty, or your engine is out of warranty. And only if you feel you can realistically keep the engine our of the overload zone.
It should be noted that in #2, you are maximizing the engines efficiency, but that's not the same as the boat's efficiency. The boat's efficiency would be measured in (nautical) miles per gallon, not HP produced per liter or gallon or gram of fuel burned. Then engine efficiency feeds into the boat's efficiency, but it's frankly a minor factor. By far the dominant factor in boat fuel economy is speed. It really begins and ends there. The slower you go, the better the fuel economy. The faster you go, the worse the fuel economy. There is no "sweet spot" where fuel economy reaches a maximum, other than parked at the dock. It's all down hill, all the time, the faster you move the boat. So unless you are tuning a tanker for optimal fuel burn at a particular speed, I would argue that fussing with non-standard prop tuning isn't going to buy you much, especially compared to slowing down by 1/4 kt.