I need some help with getting started. I've looked at electric, nitro, and gas and have decided on electric. I was hoping to find a boat that runs between 30+ and 45. I'm really interested in the SV27 but was wondering if there are any others out there I should consider. I'm willing to spend about $500 not including any mods. The price of the SV27 is a big bonus so I'm leaning toward that model right now, plus with the extra money I figure I've got some room for mods. If I were to go with the SV27 what mods could I do to it to make it run in the high 30's low 40's? Best battery, prop, whatever, etc...? Could I safely run a LiPo battery? I want it to run these speeds and be reliable (I don't wanna smoke the motor). Could I get a more powerful motor in the SV27.

Again, I'm willing to look at other models it's just that I've heard a lot about the SV27. I would like to stick with a deep-vee. I just wanna know where my money will be best spent up to $500. As you can tell I'm completely new to the hobby.