Hi lawtyger and welcome
I don't even own an Aquajet as of yet and I can tell you: Forget about the 550!
In another thread I started, Aquajet VS. The Twin Storm 800, Nitronutt commented on how 30 MPH is the minimum he considers fun! You may regret not getting the xtreme version
You may be thinking the 775 VS 700bb (700sc) Watch the videos on
http://www.offshoreelectrics.com/aquajet.htm
My little problem with the Aquajet is I'm not too keen on the looks. I think the Twin Storm looks better and it is weighing REAL hard on my desicion making. To make deciding even harder go take a look at Video 1 at
http://206.206.85.209/xtdoc/video.aspx?store=xtdoc
Whatever your choice, or if your still confused, let us know