For that type of system, a jet drive, and those batteries, five to eight minutes of
running time isn't abnormal.. The boat should slow down and then stop, or the esc/bec
will detect low power, and shut off. After a few minutes, the batteries will gather a bit of
energy, and will run a bit longer...
Doing that to the batteries is hard on them. Nicads will often reverse a cell when over discharged.