Can you send me an example of one of your extracts, along with the original log file? (This email address is being protected from spambots. You need JavaScript enabled to view it.
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Lowrance logs in an integer position format similar to Mercator metres, so a new position 20 times a second (assuming, for a moment, a straight n/s or e/w path) would equate to roughly 20 m/s or 72 kmph. Our investigations have shown that even when fed with a high rate GPS/heading, updates are not recorded with a frequency greater than approx 1Hz - although it's possible that this behaviour has been improved since.
In any case, the logic we use when importing data is to create a new point whenever the position changes, although it is likely that there have been quite a number of individual pings in the interim (and also possible that the depth could vary across those pings, but since they are all recorded at the same position we use only one).
What speed are you logging at?