The model has now been pretty much completed.

The TX has been bound, the motor checked for direction of rotation. Failsafe set to power off.
The model placed in a basin and the level observed. It seems to float ok. The upper point of the spray level is below water surprisingly. Given the low weight of the motor used when compared to a 400/480 brushed motor.
The motor was run at full power, the thrust did not seem earth shattering. The motor just appearing to be turbine, or is that electric motor smooth. A good swell of water was observed, definitely not a rooster type tail.
I was surprised, that the set screws do seem to be adequate in transmitting the power input.
I now need to measure the amps and watts consumed. I guess this needs to be done in water? Any views.