Al,
Are you using an O-320-H2AD? I got a 25 hr. Phase 1 with mine.
I presented my DAR with the
70CM Type Certificate and this
message from Ed Zercher at Sensenich, which I got from the Matronics RV list.
Anyone using a Sensenich should have these webpages,
page 1, page 2, in their documentation that you present to your DAR.
The 70CM IS TYPE CERTIFIED for use on the Lycoming O-320 series engines!
It's probably to late to get your Phase 1 changed to 25 hours now. This isn't the first time I've heard of someone getting 40 hours with a certified E/P combo.
I can get my fuel burn under 5 GPH at about 135 MPH, so after you get all the required testing done you can putt around your test area somewhat economically and not see the same cow pasture too many times.

Hopefully you got more than the standard 25 mile radius test area.
I've been extremely happy with my H2AD. I've got almost 500 hours on it and continue to get complements from other pilots who ride with me how good it starts and how smooth it runs.