I had the same engine combo on my 03 210 and my cables failed and bound up tight. Come to find out, that the factory used some (as reported back to me

) some low grade aftermarket gray houseing (Non-Yamaha) thottle cables that I had replaced under warranty with the blue housing (I belive) Telefex Prem. cables that one can tie into a knot (all that Honda uses which I now have) and they will still work...
Be careful of that friction nut adjustment though. Now the Coast Guard wants the thottle to fall in case you get pitched out of the boat. I do not fully agree with that theory since I will blast though a pass in some pretty heavy sea states and would much rather have both hands on the helm and NOT loose power (which can be a bad thing) when plowing through the surf or having a wave drop out from under the boat. Oh and by the way, the Coast Guard 25 years ago (yours truly at the time) did not set "our" thottle cables that way for the very same reason

so use your best judgement. I feel as long as you have the kill switch attached you are just (if not more) safe...