Joe, Im no expert, but that 10 3/4 is definately long for a 20. Make sure that is the actual length. You should be able to shorten the pipe up considerably and gain much more RPM. More engine RPM = more prop RPM = more MPH. You will probably have tpo richen the setting up more to compensate for the higher rpms. ***However, there are alot of variables that effect and are effected by this change. One of those is prop size. I think you mentioned you were running a 440/3 on it now, and the Novarossi is probably powerful enough to handle that prop and the added RPM. BUT, If you shorten the pipe and it doesnt pull the prop, dont get discouraged. you can try a 437/3 or 438/3. yes these are "smaller" but if you are able to turn say.....4000-6000 more RPM, it could be faster in the long run. Also if you turn a smaller prop it will be less propwalk, so you could put your one trim tab straight...= less drag = more speed. Do you see my point about being lots of variables? the speed is there you just have change & test, change & test, change & test.....then test some more.
The reason I asked about the spray is because ive seen lots of people who havent been doing this for a long time have the strut up too high, or the angle is wrong. What ends up happening is most of the "thrust" from the prop is thrown up into the air....while this may look cool, its not real effective. Im not saying you shouldnt have a roostertail, but there is a thin line as to how much. Setting the strut to a "nuetral" height and angle is a good starting point, but dont stop there as it my not be optimal. If you saw the angle on my strut of my 20 rigger you would think I was insane.....but its the fastest the boat has ever been with my current setup. It acually came loose during a run one day and found the "sweet spot" all on its own, looked like the boat switched into second gear and hit the nitrous button! So I tightened it down where it was when it came in and its been there ever since. Ok that was just luck, but I could have found that out myself if I had tried that angle. The angle and depth of the prop also have big effects on other things....i.e. the prop size you can turn, engine RPM, ect. ect.
Hopefully I havent confused you, but just know that the speed is there with the equipment you have....just a matter of finding it. ~ James