Tony,
Terry probably has the right solution with AOA. If the bottom of the boat slopes up as it goes rearward you can't just measure the strut depth at the transom or you may be at a positive angle of attack. I have a boat that looks very similar and the bottom is flat, but it is actually sloped upward as it goes back from the front sponsons.
The only way to get the AOA right is to take off the turn fin, put the boat on a table, measure from the table to the bottom of the boat right where the trailing edge of the sponsons hit the table, then measure again about 6 inches rear of that measurement. Make sure they are the same measurement by putting a block under the transom. Now, go to the transom and look at the strut. it is most likely dangling in the air above the table. Bring it down to meet the table, measure the distance from the table to the underside of the transom.. Then, make the strut 1/8 inch deeper. Then loosen the strut enogh to make it moveable but snug, place a 3/8th block under the strut. set the angle of the strut flat on the block without changing the depth. Tighten the strut. Take out the block and rest the strut to the table. You will have a slight negative angle of attack and the strut height should be perfect for heat racing.
Terry.....while the 1667 is the best nitro prop ever, the low rpm of the gas engines work better with the 2916 and 2918 props. My gas rigger, probably the same design as Tony's runs 78 mph in heat racing trim with those two props. SE or RE should not be a problem when the boat is set up as described.
Let me know what you get on the measurements.
John