If drag is your concern, go folding
Feathering props have usually more drag than folding props. Also, some feathering props like the Max Prop or the Auto stream, have flat blades that make them less efficient during motoring. Autoprop does have a nice twist in its blades and is claimed to have better efficiency than all other props including fix props. The problmes I saw with Autoprop were its cost, the complex and delicate set of bearings in mechanisms, and the fact that all three blades adjust their pitch independently acording to local hydrodinamic forces. One could imagine how a little barnicle in one of them can affect that blade's pitch and cause a good amount of vibration. The draw back with the folding props is the need for centrifugal force to open up and such a force is small when they are folded (Force~mass*RPM*radious^2. As a result, it may take you to rev up the engine before they open and as they suddenly open you get a big slam on the shaft. Also, as fixed blade props they are not great in reverse as the leading edge of the blade becomes the trailing edge in reverse plus the force of the water tends to fold the blades back.I personally went Gori 3 blades to replace the 2-blade fix that came with my 361. It folds nicely, it has twist in the blades and it uses the force of the water to start opening up the blades and therefore it does not slam the shaft. Also, it has a very clever mechanism to flip the leading edge in reverse, giving it as good grab in reverse as in forward. I tested it for the past two weeks and it has worked like a charm both sailing and motoring. Very smooth ride and excellent reverse during docking. Last, but not least, it is easy to service and it cost a lot less than an equivalent MaxProp.The web site below has all kind of prop links.