Hi, thought you might like to see this, I have experimented with quite a few brushless, and I think you can make your hull go real quick
http://www.youtube.com/watch?v=yZPG8XKjTk0 I know its a different hull, this is all ply, but the purpose is to show the speed of very cheap brushless setups. The motor is from hobbyking, I had it lying around from a plane, its got a 35mm "x" prop and is running on 3 cell lipo.
The motor was £15, battery £15, esc was a cheap chinese forward only £15
Just a few points, when you do the next hull, get the shaft angle to be as little as possible, the tip of the prop blade needs to be much closer to the hull, this will minimise the nose coming up, you dont want to be strapping extra weight in if you can help it, that will slow the boat down, at the moment you shaft angle is contributing to the nose up attitude, as the prop is pushing up, rather than forward
800mah is way too low, get a 2200 as a minimum, currently on sale at hobbyking I think for a tenner, I see you had a copy of bmfa magazine in one of the shots, so assume the 800mah is off a plane or heli?
that brushless motor was about 1500kv, I know the racing guys use a much higher kv, runtime was about 15 mins before my low voltage alarm was going off, long run times generally mean slower speeds, its a play off!

Paul