Tony, sorry, my lame ass has not been on here much lately to respond.
The OP stated he is already running at 5300+ RPM. If he were to cut the impeller to gain RPM, I am afraid the volumetric efficiency on the pump would drop more than the added RPM would be able to make up (in short, a step backward). Then again going with a AA the motor would be overloaded and may be somewhat lethargic on the top. (again a step backward).
There is absolutely no formula that I have ever heard of (that works) to calculate speed gains based on added HP to the water on a jet.
The best "bang for the buck" on this set up right now I believe would be nozzle tuning and potentially playing around with a loader, these are reversible modifications and if done one at a time can be gaged to determine what works and what don't.
If the peak torque is in the 4500 RPM range, all the parts going along with it have to be set up to keep the top RPM figured for not too much over that, as an example I would not use large tubed headers nor would I try to use a Dominator carburetor. It is very easy to buy into the more is better ideology as far as RPM, but you don't have to move too far to fall off the shelf. IMHO a "B" impeller will kill performance. And putting an AA in it will gain some hole shot performance and maybe a few percent more mileage, but top speed may drop off by an unreasonable amount, you want mileage?, get a prop driven boat..Or install a three stage Hamilton pump.. 
BTW, to the OP, there is a pretty good chance it will never get to the RPM of peak HP, because the torque numbers will fall off like housing prices.... 
Your setup sounds pretty close and you are at the tuning stage at this point, unfortunately the tuning part is the most frustrating. 
Good luck, Sounds like a killer project 
GT
I was just going off of my experiences, so far I haven't seen a drop in mph from going with a small cut, but I have seen it break even. I've also written down different speeds at different RPM's from 2 different boats, and then cutting the same impeller and trying it again, here are a few results.
1980 Eliminator, 18', 550hp mild BBF.
RPM A imp B- Imp
3500 23.2 20.6
4500 58.9 57.6
5400 78.8 78.5
5600 N/A 79.0
And here was my boat, Hondo Pantera, at the time 402CI BBC, 400-450hp
RPM A imp B Imp
4000 42.0 40.6
4500 56.5 56.2
4800 68.8 68.0
5000 N/A 72.2
Granted I now have a 460CI BBC, around 550hp, turning the B Impeller 5600 RPM at 82.2mph. Granted I also picked up 3mph going from an 850dp to a 1050

And I just tried some newer headers, they're 2 1/4" primaries, and it only ran 5200rpm with those headers, hoping to get that performance back switching back t my 2 1/2" Bassetts, otherwise I'm going to have to find the problem somewhere else

Also, talking with a few of the jet boat racers at NJBA races I don't think any of the faster N/A guys run just a straight "A" impeller. Seemed like the most common were B/C's because of how hard they could RPM the motor to make it launch. Also I believe Bonneville76's boat went from 72mph to 82mph going from an A cut to a C cut, Ron could clarify that if he's reading

I will hopefully being trying a C impeller in my boat once the pump is back apart again.
I'm just saying, if his motor actually does want more RPM like he says, I can only see it gaining performance everywhere under acceleration if you can make the motor sit in it's happy RPM range.... but if it doesn't want more RPM, he will lose performance and cruising efficiency going with a smaller cut.