Comparing the two cams, that of the OP and the Comp 280AH suggested by crewchief22:
OP
DUR @.050: INT-224 EX-224
ADV. DUR: INT-293 EX-307
VALVE LIFT: INT-.510 EX-.510
280AH
DUR @ .050: INT-232 EX-237
ADV. DUR: INT-280 EX-288
VALVE LIFT: INT-.547 EX-.547
The 280AH has a more intense lobe profile. Notice that the difference between the seat-to-seat (advertised duration) and the @ .050 duration. The difference is less on the 280AH, INT-48 EX-51 compared to that of the OP, INT-69 EX-83, the latter having a much softer "lazy" lobe profile and as they say, "less area under the curve." At each degree of crankshaft rotation, the valves actuated by the cam of the OP, will be at a lower lift compared to that of the Comp 280AH despite having an advertised duration INT-13 EX-19 degrees more. For example, the OP's cam will take approximately 34.5-degrees (69-degrees/2) to move the intake tappet .050 and 41.5-degrees (83-degrees/2) to move the exhaust tappet compared to 24 and 25.5-degrees respectively for the Comp 280AH. You can assume that the velocity of the lifter will continue at a comparable rate.
I am a fan of intense lobe profiles, but I would be careful about too much @ .050 duration because the engine will want to make power at an RPM higher than what the pump will allow. Your impeller could be cut down to allow the engine to RPM higher, but you will lose launch in a heavy boat, particularly pulling tubes and skiers. I believe that duration at .050 in the 220 range, but with an intense lobe profile and as much lift as possible will allow your engine to produce power in low 5000 RPM range.
The horsepower is directly related to lift. Your heads will flow up to .700, but you won't get there with a hydraulic flat tappet cam. Anything less than that and "you are leaving horsepower on the table." The .037 difference in lift is negligible because the valve is only open in that range for a fraction of a second. Going to a hydraulic roller is probably not in the budget, but if it is, high lift and intensity lobe profiles will make a huge difference along with the reduced friction.
I would choose a lobe profile in the mid 220 degrees @ .050 with as short an advertised duration as I could find and as much lift as possible. I would choose a lobe separation angle (LSA) of 110 to minimize overlap (and reversion) with your exhaust. If you want to be on the safe side of reversion, you could have it ground on a 112 LSA, but it will smooth out your idle though. I would install it "straight up" (rather than advanced), to start, to bias the power curve towards the upper RPM. Regardless which cam you choose, you will need the appropriate springs installed at the appropriate height.
One final thought, the Comp 280AH recommend by crewchief22 is a proven performer. It is a "safe" choice.
Good luck,
Joe