there the super vee 27
its user 300$ and does up to 35mph//
http://www2.towerhobbies.com/cgi-bin...I=LXMDJ4**&P=0
(although, i do agree with Taylor, this question has been asked many (hundreds by now) times before....i think there should be a sticky saying "LOOK HERE FOR A CHEAP, FAST ELECTRIC BOAT!!!!!!!!!!!!!")