Heard a story of a guy mixing 4 gallons of E85 into a tank of 93 octane on his AMG and seeing power gains. Apparently the O2/knock sensor/ECM are picking up the octane increase (IIRC it blended to 98) and is either advancing timing or increasing boost or both.
Not suggesting most engines can do this (marine or automotive) but simply it probably really depends heavily on that particular motor and the design. Maybe it suffers, maybe it doesn’t?
It all depends on how the specific software mapping is programmed, and that will vary wildly from vehicle to vehicle, engine to engine.