I am replacing raw water intake thru-hull and ball valve properly. PO had a simple Marelon ball valve screwed onto bronze thru-hull using non-epoxied plywood as a backing plate. I have a new thru-hull (Conbraco bronze...old one was too corroded to locking nut and had to be cut off) with a Conbraco full flow flange valve http://www.conbraco.com/products/marine/techtemplate1.asp?section=A&category=285&pid=78-100-01. For a backing plate, I have 1/2" thick FRP (Fiberglass Reinforced Plastic from McMaster-Carr (www.mcmastercarr.com and search for part number 8537K26)) which I will sand to fit contour of hull and bond into place. Question is this:What kind of bit/hole saw do I need to 1. cut hole in FRP?2. drill holes through hull to bolt flange of valve?I would like to assume carbide will do the job, but I want to be sure. Also, slow speed or fast speed? Thanks.