What Jim said!
Bread,
I used to think like you and used the premium gas until the gas prices spiked. I thought I was being good to my engine putting in what I THOUGHT was a better quality fuel. It turns out, it's not about the quality of the fuel, it is about the timing of combustion as Jim said. After talking to Mercury and many experienced mechanics, they all basically said what Jim said. They ALL said your best benefit is to have the engine timing set with reg 87 gas by a experienced mechanic (Mercury's website has a list of mechanics in your area that are Mercury certfied), make sure you have new/clean spark plugs and use seafoam or Quickclean (I prefer seafoam) with every gallon of gas. Another thing that will help you and is very cheap and can do yourself is replace the fuel filter. Also, keep a set of old sparkplugs around to use to decarb your engine. The Mercury/Quicksilver Power Tune decarb spray is the best there is. Use it and watch all of the crap and carbon deposits come out of your engine. It will make your engine run and idle like new. Do this once a year.
As far as the Seafoam is concerned, you don't have to do anything different like less gas, more oil, etc..... Just use one ounce of Seafoam per gallon of gas (I think). I use it in everything I own including lawnmowers, weedeaters, etc.. Not only does it keep gas fresh, it helps keep carbon deposits down.
Quicksilver is owned by Mercury. In fact, Quicksilver is the exact same stuff, they just put it in Quicksilver containers and sell it under a the QS brand to give it a "universal" brand recognition. Many Yamaha or other brand motor owners wouldn't buy Mercury oil, but will buy the Quicksilver brand.
See what I am saying? Anyway, all of Mercury products are VERY good quality products.
However, when it comes to engine oil, I prefer AMSoil, hands down. Why? because it is 100% synthetic. It provides much better protection and almost no smoke. It's a win win situation for you and your boat. If there wasn't AMSoil, I would use the Quicksilver/Mercury Premium Plus. It is a sythetic blend. AMSoil also makes a great lower unit oil that is 100% sythetic as well.
I hope this helps!
Rusty