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i came across this interesting calculator that tries to quantify the effect of hull shape on performance for a given horspower. supposedly very accurate with whalers. it would be interesting to see how consistent it is with gradys, especially on different cv hulls. if members could please plug in your stats and report back we would have a little database that may be helpful for others to estimate the impact of hp changes.
http://continuouswave.com/cgi-bin/crouchcalc.pl
http://continuouswave.com/cgi-bin/crouchcalc.pl