Hi Mark, I am learning about jets a lot recently. It appears that the jet at full speed, should be just above the water level. Obviously on 'pull out' it is beneath, then the nozzle bottom is on top of the water.
In an effort to get better performance, I am experimenting with an old Bombardier Jetski nozzle with variable pitch. By that I mean it can be dipped to push the bow down quicker than a straight nozzle. Then when on the plane the nozzle can be adjusted to level out just above the water level. It will also make 'trick' driving and shallow water driving far more interesting (I hope).
Re the nozzle, nearly all modern jet units have a round nozzle, exactly like a power hose of a Fire Engine jet. In fact Hamilton jets were used in fire engines with a car engine in the 1960's. The pressure outlet pressure was increased by straightening out the water in the jet tube and exiting via the round nozzle put even more 'umph' into it.
Take a look at this brilliant video:
https://www.youtube.com/watch?v=bC8tbBXEhdo If you look carefully, the jet is just above the water on its fast manoeuvres. I know my Dowty can do most of the manoeuvres, but with the modified nozzle, I hope to be able to do more, especially with the variable pitch up and down