Yes Bill, that figure was up to 7 kn lower indicated airspeed with winglets. The test was done on N5SV. It had a set of winglets that had been installed per factory and the builder was very particular about details. We flew the winglets first--and then when we removed thge winglets and added the standard wingtips. We duplicated the cruise powers exactly and at the same altitudes up to 22,000. The average was about a negative five knot indicated airspeed.
Actually what we discovered is that the deck angle increased--causing even more drag . This is due to the fact that the winglets area is introduced at the position of the wing where the greatest washout. If you sight down the leading edge of the wing you can see the twist. And adding the winglets just put more area that is twisted down.
The popular belief that adding winglets will cause the lower deck angle and reduce drag at high altitude is not correct. Just the opposite.
The deck angle the situation was a big surprise --but shouldn't have been.
My son is a program director at Gulfstream and I spoke with one of their winglets engineers one time and he said that I would need a cruise .55 mach to see any appreciable gain from adding winglets.
While we're at it-- the latest greatest winglets are circular in shape and join back on the wing. Anybody familiar with them?