Jon. A Nimh battery pack will instantly provide more performance by virtue of halving the weight of battery. No other mods neccessary.
The Torpedo can be run at increased voltage for more oomph. Not done it myself but I think 18v will be ok (experts plse)
Both mods only involve a change or battery, and assuming your esc can handle a bit more power. The Nimh battery will deliver slightly more current than the SLA . An X50 prop should be fitted unless thats what you have.
OTHER than that a change of motor will be required and I am not qualified to suggest a suitable combination for a large boat such as yours. Others have the combinations you might require.
I would buy a 12V Nimh pack first, 5000mAh and see what you think on the increased performance before doing anything else!
Ashley