So, if I read this correctly, the rudder needs to go downwards a half inch, and upwards a quarter inch.
Yes? yes - IF YOU have a look at the scribble that I have attached this would be the ideal rudder. Where Gap 'A' on the drawing is close to the tip of the propeller, but, not close enough that it fouls the propeller.
and 'B' the overall length of the rudder is slightly larger than the diameter of the propeller only by say 1/8 of an inch.
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Is there a similar rule of thumb to determine the width (depth?) of the rudder? the pivot is not central, measuring the whole rudder front to back, the pivot is at the 3/4 mark, with a quarter to the prop side, and 3/4 to the rear of the boat. To say there is a rule of thumb, there is and there is not - there are many different types of rudder as you will already know and also many shapes too. So, rather than going down another 'hair raising path' and becoming confused - we will stick with the path we know and try these methods first.
I can make new blades for the rudders quite easily, as they are bronze sheet, soldered into bronze pivots. My advice to you will be it is easier to stick on pieces of Plasticard for a trial - this will give you an idea of the size you require for your rudders and the performance you will get from them - then, when you are happy with that you could possibly manufacture new rudder blades from bronze or brass.
Aye
John e
Bluebird