Ditto on Ian Webster's comments about rudders.
Also, size does matter but mostly it affects the steering quality. It does
not have a large impact on the forward motion of the boat. It is much like
a sharp knife passing thru water. Extra length is the only aspect that adds
resistance and it does not add much when a rudder is properly sharpened. You
can run traditional wide blade rudders or narrow profile speed rudders. Use
whatever makes the boat handle the way you expect it to.
The scale floor boards with water lines underneath sounds like a neat
trick!
You have the right idea on cooling a submerged prop R/C boat. Throw at it
everything you can think of for initial trial runs. It is easier to take
some cooling away then to add more in after the fact. I only wish I had been
clever enough to know that on my first submerged prop R/C.
More thinking out loud. Have you heard about or experienced Smith's Clear
Penetrating Epoxy Sealer? As nice a woodie as you are constructing this
product is something to look into. All of the claims about the product are
true. It is just as beneficial to new construction as it is to restoration
projects. There is no other product in the wood conditioning/preservation
industry that comes close to it's formula (unless someone has hacked it
and I am not aware). The Rot Doctor still probably sells more Smith's CPES
than anyone.
www.rotdoctor.com/products/product.html