RE: Three blade VS. Two blade
A single engine aircraft that has a three blade prop has more lateral stability compared to the one that has only two blades regardless of the diameter and the pitch. An experienced pilot feels it when he banks the aircraft to the right, which is the opposite of the torque effect. A two blade prop airplane looses altitude quickly in a turn. On the other hand, a three blade prop war bird can turn faster and can make a tight turn without loosing too much altitudes.