I would like to know what is every ones favorite cruise power setting mine is 23/2400 or 23/2500.  I am also open to power settings that you Mooney pilots might want to share and I'll try them 

I don't know if there's such a thing like a 'favourite' power setting. The possible MP/RPM settings/combination depend e.g. on the altitude so I'm always using the appropriate values from the POH.

Right now I'm using the settings on the pilots sun visor the one I am at now is 21/2400 12.3 65% 50 LOP and yes I am using Active Sky Next

This was posted in another thread within the forum with some good real world insight: http://www.mooneypilots.com/mapalog/cruisepower.html

I've been using these settings have been getting great cruise speeds very efficiently! I love this Mooney!

I'll use those settings on my next flight