alrighty...
I'm one cheap SOB, and one one of the tubs, a 30 year old catalina 27 with an A-4....
it had a 2 blade folding prop. 12x7
during one of our fantastic voyages, it ended up in the bottom of the lake.
remember I'm one cheap SOB.

after wandering around ebay for a week or 2, I found a 12x8 fixed 3 blade off of a 1959 Chris-craft inboard, paid 35.00 for it.
I beached the whale, heaved her over using the jib halyard to a concrete pier that was out of the water, changed the prop in an hour and a half, floated the boat.
I now get the same top speed under the iron jenny, 5.5kts, but I do have about 100-150 less RPM. I'm not worried about it.
Drag? I don't care about no drag ferchris-sakes its a 30 year old catalina!