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I know fuck all about jet boats other than they look like great fun, but have walked past and had a nosey at a couple in gas stations and was surprised to see K series Honda engines lurking. Those things would be bloody cheap ($500) to get ahold of, they're in about 10 different models of Honda, and just swap over the ancillary bits and bobs. You could literally stockpile a couple at that money/availability. I know of several that are super and/or turbo charged in sports cars and go like the hammers of hell.
I have a k24 turbo on ethanol in a 3.8m.It is a little more complicated than you make out but k24 is a good choice but depends on what you want in a boat.A $500 dollar motor is a drop in the bucket in the overall build price.
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