Re: How much difference does diameter make?
Standard props normally are available in 2" pitch increments. Going less than 2" isn't usually significant. Don't worry about the diameter - go down in pitch for a better hole shot but less top end.
There are some props designed for non-performance boats that have large diameters which perform better at low to midrange and give better mpg there at the expense of top end.
Venting can also help your hole shot. I'm not recommending you do it yourself, or even have it done...maybe you can find one that is already vented.
I've had good luck with these guys.
http://turningpointpropellers.com/propellers_101_cm.htm