Atul:
I am sure the Saito 300 will pull your plane, but it probably will not be a real powerhouse. As I said earlier, mine was a 13.5 pound model. The engine would literally pull the model straight up. I was using a Master Airscrew classic 20-10. I don't know how it would run on your 17# model, with a 22-8 prop. I would guess if you want a highly acrobatic plane that would do near 3-D stuff, you may be disappointed. On the other hand, if you want to fly more scale-like stuff, you should be satisfied. I have semi-retired my engine after all these years and may re-build it this next winter.

Good luck, and I hope my reply helps.

Cajuncharley