Didn't have an extra set of hands so here's where I'm @ seems way off from the "rule of thumb"
About 1 34" difference. Can wedges make that up?
You mean 2 1/2"? I would like to see the pic that would show the straight edge at the pump. Yea you'll need 4 hands for that one.
I wedge mine down 6 degrees on my Daytona to get it to the right height so yes in my opinion you should wedge this down to try and find the sweet spot for what you have.
I would wedge it down to about 1" and run it. See what 4 degree's does to the height.
If Flusher see's this he'll give us some insight on where you should be with this hull.
It would be a good idea to bring some wedges to the lake so you can run it, make a change and see how it reacts. I find it amazing how 1 degree can make a significant difference when you get close to where it should be.