does it feel or look like it is up on the pad good?I don't know alot about this boats lifting characteristics,that prop should lift it good,always measure off the propshaft,yes it may be too high to let the prop bite.that is a good prop i would use the jackplate and play with height.to really measure right you need to level the boat on concrete trim down the motor to level measure to the hull bottom then the propshaft and record the difference.if the point of the bullet is even with the bottom of the hull i'd say it is too high.if you don't like the results start prop swapping with your buddys just remember each prop will need to be fine tuned with the jackplate.