Hi John
Given that the boat is quite heavy yet you need planing performance you are in the right area with an outrunner and the kv you have stated. It provides good torque and with the right battery will provide the revs required of 1200rpm unloaded/10000rpm loaded.
Inrunners aren't the best choice as they generally have high kv and are more suited to fast electric/race boats, water jets etc.
You shouldn't need water cooling for the motor or ESC unless the boat is over-propped for the particular motor ( but brushless are very powerful as you know) but as it's already in there you can use it if you wish. You can get water-cooled motor mounts for brushless motors.
A 35mm dia. brushless would do the job but I prefer to err on the bigger size and so an Overlander 4250/06 800kv would do the job nicely – I've standardised on Overlander, but Component Shop do a Leopard Hobby LC4250-5T 960kv. Turnigy do good motors as well.
As far as ESC go the Overlander states 60amp, Leopard Hobby not stated but going by the max. current I'd go for 80amp minimum. Component Shop have suitable ESCs but I use HobbyWing Quicrun (non-water cooled) and Seaking (water cooled) Wheelspin Models for one, stock those.
Chris