RE: HELP!!!
Im pretty new myself.
Its a good boat to start with if you want to do some work, which it sounds like you do.
Like I said the motor/ESC is just to small for the boat. it might work with a smaller prop around 64-36MM, but if you go for a bigger one like I did (42mm dia) it will kill that motor.
If you look at the Prince thread you will see the different setups.
One guy has a 36mm dia motor, runs 4S and seems happy with it.
I have a 28mm dia motor run 3S and I think its plenty fast.