Auxiliary Engines
From all I've read on the subject, most sailboats have auxiliary engines with sufficient HP to approach hull speed only under benign wind/sea/current conditions & a clean hull. Generally, with any sort of choppy waters &/or headwinds your motoring speed will fall off. A hull bottom with lots of sea growth affixed will also drop that significantly.On my C320 (3-blade prop), at 2800 RPM on a dead calm day the engine will move me at over 6.0 knots. Heading into 20 knots of wind with 3 ft seas drops that down to about 3.4 knots or less. (Just an example -- 2800 RPM on my Yanmar is loafing along)Let's face it, most of us (purists aside) that do any cruising will at times need to motor some distances to make a schedule, beat the weather, whatever. Having a calibration of speed vs RPM (and fuel consumption vs RPM) under various headwind conditions is important if you are cruising any distance under power, as it drastically affects your range between refuelings.You will rarely ever get beyond the displacement hull speed under sail, power, or combination unless other factors are working for you. (BTW: that 1.34xSQRT(LWL) is an approximation, at best.) And, the extra foot or so of waterline length (LWL) you might gain from heeling is almost imperceptible in terms of added max hull speed.You probably can't do much about re-sizing the engine. The best you can do is to ensure that your engine & drive chain (transmission, shaft, prop, bearings, etc.) are all working efficiently. A prop's diameter, pitch, and blade configuration must be matched to the engine's efficient RPM range & the transmission ratio. You should consult your engine manufacturer and/or the boat manufacturer to get the recommended configuration.--RonD