Hey, Andrew -
I think you can safely rule out inkling 'A' on account that I'd already swapped out the shaft from the good boat into the bad one -- and vice-versa (not an enjoyable job). I suppose I could have just put a new one in there, but since the shaft from the good boat worked perfectly, then there was no reason why it should not work in the bad one. It was my way of trying to illiminate each and every possible cause of the problem.
Your inkling 'B' / current surge suggestion is probably where the answer lies. But I don't have any clue as to what might be causing that surge.
As I said, the boat has become a bit of a joke. It got to the point that I started to wonder if the damn thing is possessed by some sort of boat demon.