John,
Improved performance is a matter of doing lots of testing of props, prop depth, thrust angle, and weight for balance.
A Prather 32 is a rather small boat for a 7.5 Mod - at least that's my opinion. The shortest boat I run with a 7.5 is my WOF34/K&B 7.5 Pro. However, that's not to imply you cannot make a rocket ship out of that hull.
Jerry D.