I seriously don't see 2" up happening, but one test is worth 1,000 theories. Lift the engine with a cherry picker and see if you can get some 2" tube between the rail and the motor plates. Then see how the drive shaft looks.
My micrometer eyeball is a little out of certification, but I think that isn't quite a 24" driveshaft.
If you wanted to crunch the numbers, you can get a really good idea by using .0175 per degree per inch.
That means that a 24" driveshaft, measured u-joint to u-joint, would be .420" higher at one end per degree.
.0175" * 24" * 1-degree = .420"
Or, a 2" change in height of a 24" driveshaft would equate to 4.76-degrees.
2" / .420" = 4.7619-degrees
You really need an 8" deep oil pan for a jet boat.
You will also get better performance from a lower center of gravity.