I wish the 150' rule were really the panacea you think it is. Unfortunately it is not a magic shield against boating accidents. It did not prevent last years fatal accident, or the one 5 years ago. It would not have made any difference if there was a 150' rule on Long Lake last summer.
Violations of the 150' rule are possibly the most common boating complaint on this forum. It has been pointed out many times that large numbers of boaters seem unaware of its existence.
Even if the 150' rule worked as well as we all wished it did, it would not change the fact that slower is safer.
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