Hi Mike,
I'd like to add another motor option: a fan motor from the scrap yard.
It's the motor that turns the fan in front of the radiator.
Mine didn't cost anything.
These motors have a lot of torque and run on 12-24V without extra cooling (depending on propsize and runtime ofcourse).
As you mentioned wanting to have several hours of runtime, these motore are more efficient than the 850 and 900 motors, which as a rule of thumb convert about 25 - 30% of your battery power into heat (hence the need for cooling if you turn a big prop for prolonged runs).
I'm using such a motor for my 110 cm M.A.S. build:
http://www.modelboatmayhem.co.uk/forum/index.php?topic=34033.0Here's a side view:

I added cancooling and brushtab cooling as an experiment, most likely it's overkill, as tanktesting for 20 minutes full throttle showed only slight warming of the armature.
The cooling slots were filed into the housing, to let the heat out more easily, as these motors are completely closed, when mounted in a car.
If your 36" hull has to get on the plane, keeping the weight down is important, combined with your wish for long runtimes, an SLA battery isn't the way to go.
I'm going to run my motor on two 6S 5000mAh 25C Lipo packs, with a 50X prop the runtime will be over an hour at full throttle.
As I'm not going to run full throttle until the batteries are depleted, the 'several hours' should be no problem.
The picture shows the test set-up I used for tank testing, the smallest prop on the right is the X50, pulling 7A at full throttle, the black one on the left is a X75, pulling over 20A at full throttle.

The ESC in the left corner is a kit from a German company:

If you're into soldering your own ESC's this is the cheapest option available.
If you're not, I'd get one at ACtion.
Not quite the same size, shape and speed, my 60 cm tug, powered by a 5 pole 540 size motor, runs for five hours full throttle on two 2S 4000mAh Lipos(7,4V), wired in parallel.
Regards, Jan.