i think your max is 5500rpm which makes you right there. check your manuel.i have a 2001 ox66 200 and thats what mine is and i have the same size prop in ss and i do hit 5400 rpm.the original prop was a 19m which i only hit 5100.do you have trim tabs?
normally you should gain 200rpm- 300rpm when going down one size.is your prop ss or aluminum.aluminum will flex but if your running shallow water where you could possibly hit bottom,stay with the aluminum,less chance of damaging lower unit.the smaller will give you better hole shot but you may loose some at the top end.
DISCLAIMER............:wave:
I AM NOT A MARINE MECHANIC,JUST MY OPINION FROM ON HANDS EXPERIANCE.