Cas, its a very difficult question to answer, I am certainly no expert, but have just done extensive testing with different props. The hull is an aerokits Firetender, its rather narrow and 3 feet long (1/16th), so it tends to be a little unstable if going too fast. We settled on a 9.6v Graupner bb turbo, running on 2 4600 9.6v nimh packs, so its way over volts, but with a custom made water cooling system runs stone cold.
I started with a 2 blade 40mm x prop, then used a high quality aluminium 2 blade x prop., thinking that would be the answer, but whilst it performed well, just wasnt hitting the spot, I wanted faster. I moved on to a 45mm 3 blade brass standard prop, and it was better, the motor was handling it fine. I then borrowed (again!) a 3 blade cleaver type brass prop, and the boat flew!. As the motor was stone cold, I knew I could go a bit more, so had a 4 blade cleaver prop made by propshop. The boat is marginally faster than the 3 blade, motor only gets a tiny bit warm, so its not straining, and with a gps in the boat, it measures just under 15mph, for a heavy ply boat thats quite fast

I suppose it depends on the hull, weight, and the performance you want, its certainly not as black and white as people think, testing is the only answer. I was very lucky to have a good friend with me who was far more experienced than me, and had a bag full of quality props to try!