The new brushless setup works great! The water cooling doesn't seem to be working at all (I can't see any water coming out of the exit hole) but it doesn't need it... the motor was just barely warm after running. The top speed was limited by the fact that the boat jumps out of the water and rythmically bobs up and down, the prop coming out of the water each time. This made it a lot of fun to drive as you could get it to do 180's in the air if you timed it right. It was a lot of fun and will be a good toy for the summer. If I get a chance this weekend I'll put up some video.