There is an assumption above that is not my case, "If you're a cruiser...doesn't care if you're going 6.1 or 6. kts". I'm a cruiser, and cruising is not as simple as this implies. Of course, I'm talking passage making, not costal cruising. So perhaps that's a difference. In passage making, getting there as quickly as possible minimizes risk by spending less time in the open ocean. Getting enough speed also allows one to watch for and possibly avoid the worst of a storm by changing tack. So I don't think this should be dismissed quite so quickly. In fact I am quite concerned with speed. Now the whole PHRF system is of no concern to me, but the discussion of what is realistic in terms of speed gained by moving away from a fixed blade to a folding or feathering prop is of great interest to me.
If as you suggest it's only a matter of 0.1 kts, then it may not be worth the cost. But if truly it's more like 0.5 kts, or more, then the cost/benefit may well be worth it.
dj