Greg -
The manufacturers just put that sticker there because that is the maximum for the tire they are using. When they build the trailer, even if it is a Tracker product, it is likely that they don't know just what boat is going to be riding on it. If they did, they would have to have a different sticker for each boat.
Although a good thought, checking for heat with your hands is highly unreliable. Also, by the time it got to the point that your hand said "Too much!", the tire would be a goner.
I wish I had some tire inflation tables.....
On the sidewall of your tire, near where you find the maximum inflation pressure, you will also find the weight that can be supported at that pressure. Compare that to a "B" load range tire of exual size. I think you will find that 2 - "B" tires still are able to support more than the weight of your rig, even at 35#. (All tires of the same size and load range will have the same max pressure and load weight.) Again, it's the AIR that supports your load, the tire is simply the container.
I would NOT drop below 35#.....
If you want to cushion your boat's ride further, get radial tires. Their design allows more flex in the sidewall than do bias tires. (Remember all the trouble that the NASCAR drivers had adjusting to the different "feel" of their cars when they started using radials!)
me!