Nice start to a fun ride!
What are the intentions for the boat? just looking for a little more speed?
i would do upgrades in this order.....
1.) Place diverter - Definitely
looking for a bit more money to spend?
2.) nice quality loader
still got a few hundred in your pocket?
3.) HPH nozzle.
out of curiosity, what intake is on the olds? What oil pan? Also, i doubt the engine still has 10.25 compression if it has ever been apart and had head gaskets changed.
Good luck, keep us updated