RE: Successful Sea Trials for an Old Model...
If your charger looks like this one (specs-wise) it should. This is the Intelli V-2, the latest version, V-3, has more options and a lit display (who charges in the dark, I wonder...)
I'm not sure changing to NiMh is absolutely nessecary though, the NiMhs deliver the best performance when used immedeately after being charged (hot< 45degrees C), this applies most to speed boats.
You can't charge them the day before and run hem cold the next day, without damaging the cells.
With NiCads, you can.
Regards, Jan.