Well, I'm out of ideas!
We have checked, cleaned and adjusted everything short of removing the front to check the cam timing but since that is geared, I feel it unlikely that is out and can't see how performance would have degraded if it were as if that was the case it should have always been off and more than I am seeing.
We have recovered a few revs and it now runs about 400RPM below the stbd motor. Fuel consumption is still up but not as bad (around 1.5x the other motor) but that might be just that I throttle back the good engine to match them.
The boat is booked for a haul, clean and hold on Tuesday se we can inspect the props, shafts etc in case of damage or dragging on the stern gland or strut that side. Also if the weather holds I'll be heading out for the weekend and will take my IR thermo gun to check the stern gland temps.
I'll repost if I find anything but thanks to everyone who has contributed their thoughts so far - your ideas have helped prompt my own!
Cheers ~ Alan