Undone,
I haven't really set a budget yet, I'm pretty much on the "notice' plan... spend until the wife 'notices'. Probably around $6000 over the course of the project, which I expect to take about a year on.
flytime,
The Duffy boats use a motor by a company called Advanced DC. It's actually one of the motors I'm considering. The Duffy's are essentially inboards that have a reduction gear from the motor to the shaft, and then the shaft shoots out the bottom of the hull. I'm hoping that using a jet would make the conversion easier as I would be using existing driveline vs cutting a new hole in the boat for a propeller shaft plus having to figure out a rudder system. I guess the biggest question is what would be more efficient, an inboard system with a prop, or a jet system? If their isn't much difference, the jet sounds like more fun to work with.