That paper is a great find Ian!
Andthere are quite a few references listed within that might be interesting to follow up on.

Interesting that in the introduction, a study referenced says:
"Optimum sub-cavitating foil sections have an upper speed limit of about 45 knots (Conolly, 1975)."
I assume this is where incipient cavitation is predicted (or observed) to start. Mal Wright studied all this 15 years ago and designed his windsurfing foil shape to resist cavitation up to certain speeds. He initially released his TM 45 series. With the numbers based on the best assumptions and data at the time, he was confident these fins would be cavitation free until at least 45 knots. Later he designed the TM48 and TM50 foils.
Interestingly, the TM45 fins went well beyond 45 knots quite a few times, so it seems the numbers predicting cavitation speed were somewhat conservative and the later foil designs may well be also capable of faster speeds than their nominal design limits. Of course, there are many variables involved in the initiation of cavitation. The big ones are load and angle of attack. Obviously, the lower the load, the higher the point of initiation of cavitation. Ie. When on a very broad reach, at high speed the load on the fin and the AoA may be reduced enough to prevent cavitation until slightly higher speeds. And if the initial cavitation is very mild, there may not be enough extra drag produced to overcome the power available, and so allow some further increase in speed.
It is my speculation that this is what we are seeing here with all the craft using conventional foils in the low 50 speed range.
One of the effects of incipient cavitation described in the papers is vibration. I was interested to see there was quite obvious vibration present in the helm wheel of the AC75's (from the onboard video) when they were pushing their highest speeds. Is this a telltale sign of cavitation?
My question for you Ian, is how do you calculate that
"I'd reckon there's another 10 knots in the AC75 format if top speed was the aim."