I think the 150' rule is as much about courtesy as safety. Most violations are rude bust not dangerous.
We all have our first duty to avoid a collision. So if someone comes off the throttle or passes behind the other boat but it should have been the other then no extra danger. The only dangerous part is when neither yields.
Given the nearly constant lack of serious injuries, with a few notable and tragic exceptions, it really can't be that dangerous out there.
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